Innovatus acquired 4040 Civic Center Dr., an asset that has been well maintained with a strong tenant roster, across the street from the Northgate Mall undergoing renovation and access to a SMART station.

“Legal sector change is occurring at lightning speed,” says Sherry Cushman, executive managing director and leader of Cushman & Wakefield's Legal Sector Advisory Group.

The Miami firm has purchased 550 Biltmore, a 162,293-square-foot, Class A office building in Coral Gables. The deal calculated out to a purchase price of $336-a-square-foot, according to Cushman & Wakefield.