HERALD PLAZA OFFICE COMPLEX TRADES FOR $9M

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PEMBROKE PINES, FLA. — The two-building, 77,209-square-foot Herald Plaza office complex has traded for $9 million in Pembroke Pines. A joint venture between Grover & Corlew LLC, a boutique real estate investment and management firm, and Creek Real Estate Partners LLC, a commercial real estate fund, purchased the office property from Coconut Creek, Fla.-based Butters Group and Boca Raton, Fla.-based Milhous Group. Scott O’Donnell, Jeffrey Kelly, Dominic Montazemi, Marty Busekrus and Miguel Alcivar of CBRE brokered the transaction. Grover & Corlew LLC is led by Mark Corlew, former Stiles Corp. acquisitions chief, and his partner Anuj Grover, a lawyer, accountant and real estate operator.

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