Las Olas City Centre sells for $160M

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The Las Olas City Centre office tower is under contract for $160
million. The buyer is reportedly a fund operated by JPMorgan Investment
Management. The property, which was developed by Stiles in 2002, is
co-owned by Stiles and Shorenstein Realty Services. Las Olas City Centre
has a total of 408,000 square feet and is located at 401 Last Olas
Boulevard in Fort Lauderdale. [SFBJ]