PLANTATION, FL-Invesco Real Estate, an international realtyinvestment firm, has acquired the 481-door Alexan Solero apartmentcommunity at 13500 N.W. Third St. in Plantation for $104 millionfrom Trammell Crow Residential, which translates into $217,000 perunit.
The complex, which is located between Interstate 595, Interstate75 and the Sawgrass Expressway, comprises townhouses andgarden-design units with garages and is over 80% occupied. SouthFlorida Multi-Housing Group of CB Richard Ellis negotiated theall-cash deal on behalf of the owner. For the full story,go to South Florida BusinessJournal.
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