MEDICAL/OFFICE BUILDING IN BOCA RATON SELLS FOR $7.025 MILLION

Boca Raton, FL – September 20, 2013 – (RealEstateRama) — CBRE’s Private Capital Group arranged the sale of Grove Centre, a 52,253-square-foot medical/professional office building in Boca Raton. The three-story building at 21301 Powerline Road sold for $7.025 million and was 86% leased at the time of the sale. CBRE represented both the seller and the buyer, KAS GROVE LLC, based in Coral Gables, Florida