Florida Value Partners is now a major landlord in the Kendall office submarket after picking up a three-property portfolio near South Miami for $34.3 million.
Miami Lakes-based Florida Value Partners, led by Gus Alfonso, Ed Farah and Alicio Piña, acquired Commons on Sunset at 9350-9360 Southwest 72nd Street, The Forum of Sunset at 9415-9425 Southwest 72nd Street and Sunset Square at 9485-9495 Sunset Drive, records and real estate database Vizzda show. The portfolio spans 260,000 square feet of office space.
The buyer financed the purchase with a $34 million loan from City National Bank of Florida. Two entities managed by Elizabeth Colross Harper in Miami sold the properties, which have a total of six buildings completed in 1985, 1987, 1989 and 1994, records show.