Business Services Industry

Investcorp. and Koger Equity paid $60.1 million in cash and debt for downtown Fort Lauderdale's Broward Financial Centre - based in New York - based in Boca Raton - Big Deals

South Florida CEO, Feb, 2004

* Investcorp. (based in New York) and Koger Equity (based in Boca Raton) paid $60.1 million in cash and debt for downtown Fort Lauderdale's Broward Financial Centre. The 24-story, 325,000-square-foot Class A office building sits at the corner of Federal Highway and Broward Boulevard. Investcorp.

also recently sold two South Florida apartment properties: Le Parc Apartments in Kendall for $45 million, and its share of Boynton Landings in Boynton Beach for approximately $14 million.

COPYRIGHT 2004 Americas Publishing Group
COPYRIGHT 2004 Gale Group

 

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