Stiles Realty Closes Its Largest 2012 Deal To Date: $10.8 Million Office Building Sale to Nipro Diagnostics, Inc.

FORT LAUDERDALE, FL – February 28, 2012 – (RealEstateRama) — In a transaction pointing to rising demand for single-user, Class A space in Broward County’s Cypress Creek office market, Stiles Realty has closed the $10.8 million sale of a four-story building at 2200 West Cypress Creek Road to Nipro Diagnostics, Inc. The buyer, a leading developer, manufacturer and marketer of diabetes management products, will occupy the entire 78,339-square-foot building as its corporate headquarters.