CBRE CLOSES $70 MILLION SALE ON OFFICE TOWER IN THE BRICKELL SUBMARKET OF MIAMI

Miami, FL – March 19, 2013 – (RealEstateRama) — CBRE announced today that it has closed the sale of 80 Southwest 8th Street, an office tower with 285,595 square feet in Miami, Florida. CBRE marketed the property on behalf of the seller. The purchaser was an investment group led by Miami-based Banyan Street Capital, and included Crocker Partners out of Boca Raton, and Independencia, a Chilean Investment Fund.