PARK TOWERS TRADES FOR $11.6M IN MIAMI

by admin

MIAMI — The 207-unit Park Towers, a multifamily property at 777 N.W. 155th Lane in Miami, has traded for $11.6 million. The 10-story, 198,335-square-foot apartment building sits on 5.86 acres and was built in 1973. Tal Frydman, Daniel Cunningham and Derek Gibbs of Marcus & Millichap’s Fort Lauderdale, Fla., office represented the seller, a Scottsdale, Ariz.-based private firm. A Miami-based private investor purchased the multifamily property.

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