Stiles Realty Closes Its Largest 2012 Deal To Date: $10.8 Million Office Building Sale to Nipro Diagnostics, Inc.

Stiles Realty Closes Its Largest 2012 Deal To Date: $10.8 Million Office Building Sale to Nipro Diagnostics, Inc.

FORT LAUDERDALE, FL – February 28, 2012 – (RealEstateRama) — In a transaction pointing to rising demand for single-user, Class A space in Broward County’s Cypress Creek office market, Stiles Realty has closed the $10.8 million sale of a four-story building at 2200 West Cypress Creek Road to Nipro Diagnostics, Inc. The buyer, a leading developer, manufacturer and marketer of diabetes management products, will occupy the entire 78,339-square-foot building as its corporate headquarters.

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Stiles is a full-service commercial real estate firm with a clear mission: Invest?Build?Manage.
With its diverse capabilities, Stiles has achieved a stellar reputation for excellence and market leadership within the real estate industry. In addition to Development, Construction, Architecture, Realty and Property Management, Stiles also specializes in Financing, Acquisitions and Repositioning. The Company is responsible for more than 37 million square feet of office, industrial, retail, mixed-use and residential projects throughout the southeastern United States. Since 1951, Stiles has played a vital role in South Florida’s rise to prominence. With a multitude of award winning projects, Stiles inspired the revitalization of downtown Fort Lauderdale, Florida, the home of its headquarters. The Company also maintains regional offices in Miami, Tampa, West Palm Beach, Naples, Fort Myers and Orlando, Florida.

Contact:

Phone: 954-428-4477

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