The building, located at 9350 S. Dixie Highway, has a rental range of $23 to $24 per sf, making the lease worth at least an estimated $5.5 million.

The 16-story, 106,000-sf, class A office building 9350 Financial Centre is adjacent to a MetroRail and has an on-site restaurant and bank. The building's occupancy is 92%-plus.

Laurel Lucas, an associate with Trammell Crow Co.'s Miami/Dade leasing team, represented Principal Global Investors in the transaction. There was no co-broker.

NOT FOR REPRINT

© Touchpoint Markets, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to asset-and-logo-licensing@alm.com. For more inforrmation visit Asset & Logo Licensing.