MIAMI-Boston-based Cabot Investment Properties has sold the three-building, 244,176-sf Dadeland Towers North at 9300 S. Dadeland Blvd. The deal carried a $41.15-million price tag.

CB Richard Ellis Institutional Group vice chairman Christian Lee, CBRE/Melody South Florida office vice chairman Charles Foschini and CBRE/Melody South Florida office vice president Christopher Apone represented the seller. Bala Cynwyd, PA-based Keystone Property Group purchased the assets. KPG is a value-add investor in office, flex, and industrial buildings in prime locations.

Foshini explains that the buy was right up the purchaser’s strategic alley. “A new buyer with a new source of capital can rehab the property and drive rents higher,” he says.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?


© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.


Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join now!

  • Free unlimited access to's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including and

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.