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MIAMI LAKES RESEARCH & INDUSTRIAL PARK PURCHASED FOR $14.3 MILLION

MIAMI LAKES RESEARCH & INDUSTRIAL PARK PURCHASED FOR $14.3 MILLION

Miami Lakes, FL – June 27, 2012 – (RealEstateRama) — CBRE announced today the sale of Miami Lakes Research & Industrial Park, an eight-building R&D manufacturing campus located at 14400–14560 NW 60th Avenue. The 290,529-square-foot campus was purchased by the original developer of the asset, The Graham Companies, for $14.3 million, or $49 per square foot. CBRE represented the seller, MCP EWE LLC (a joint venture between The Easton Group & Marcus Partners), in the transaction.