Sacyr Unit Pays $184M For Downtown Miami Office Tower

Law360, Miami (April 18, 2013, 9:22 PM EDT) -- The Sabadell Financial Center, one of the premier office towers in Miami's downtown Brickell district was sold for $184 million by the rental properties division of Sacyr Vallehermoso SA, likely the highest price ever paid for an office building in the area, according to an attorney involved in the deal.

“It's a major transaction. It's one of the largest in several years,” said attorney Bob Allen of Robert Allen Law, who led the representation of seller Testa Inmuebles en Renta SA for the April 12 sale...
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