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The Real Deal Miami

Green Companies gets office building for $3.5 million

October 07, 2011 03:23PM

Miami-based Green Companies has acquired a nearly 35,000-square-foot office building on Kendall Drive for $3.465 million, according to the properties exclusive listing agent, Metro 1 Properties.

The building, at 10631 North Kendall Drive near 107th Avenue, was sold by Lomar Investments in an all-cash transaction. Tony Arellano, commercial sales director at Metro 1, represented both the buyers and sellers in the deal.

According to Loopnet, the Class B property was built in 1978 on 1.11 acres of land and is 85 percent occupied. — Adam Fusfeld