MIAMI-The American Welding Society, a Miami-based non-profit, purchased the 122,482-square-foot Royal Palm Offices at Doral, for $19 million, $3 million more than the last buyer paid in 2006.

It was an unusual transactions—an all cash sale for a building which was only 15% occupied. Former owner Carlos C. Lopez-Cantera, a Coral Gables real estate investor, bought the building, which is across the street from the Doral Golf Resort and Spa, for $16 Million in 2006, then cleared it of almost all its tenants in order to do a complete renovation of the 38-year-old property.

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