The properties acquired were a four-story, 173,000-sf buildingat 800 Fairway Dr. in Deerfield Beach; a four-story, 90,000-sfbuilding called Commercial Place I on Commercial Boulevard in FortLauderdale and a three-story, 84,000-sf building called CommercialPlace II also on Commercial Boulevard here. The acquisition priceswere not released. Commercial Place I is 96% leased and CommercialPlace II is 98% leased.

Jay Caplin, of Cushman & Wakefield, represented the seller.This is the first joint venture between Mainstreet and AEW.

With the acquisitions of Commercial Place I and II, Mainstreetincreases its portfolio in Fort Lauderdale's Cypress Creeksubmarket. Other properties the company owns in the submarketinclude 2101 Commercial Blvd., Park Center and Cypress Park inCypress Corporate Park and Cypress Executive Center at 1901 WestCypress Creek Rd.

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