HFF BROKERS $95.1 MILLION SALE OF OFFICE PORTFOLIO

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MIAMI — NGP Fund V has purchased a four-property Florida office portfolio totaling 196,915 square feet from South Florida Federal Partners for $95.1 million. The Miami properties include a 60,157-square-foot building located at 8801 NW 7th Ave.; a 45,911-square-foot building located on SW 120th St.; and a 41,064-square-foot building located on Miami Gardens Drive. One 28,667-square-foot property is located on 31st Ave. in Oakland Park. United States Citizenship and Immigration Services lease the buildings under a 15-year agreement. Hermen Rodriquez and Ike Ojala of Holliday Fenoglio Fowler's Miami office brokered the sale.

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