Midtown Capital Partners buys Plantation office building for $78M

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Midtown Capital Partners buys Plantation office building for $78M

Midtown Capital Partners bought a newly built oce building at the Plantation Pointe business park for $78 million.

Miami-based Midtown Capital bought the four-story property at 1700 North University Drive in Plantation (https://therealdeal.com/miami/tag/plantation/) and the adjacent 900-space garage from Northbrook, Illinois-based Torburn Partners, according to a deed. Midtown Capital took out a $46.8 million loan from Coconut Grove-based 3650 Real Estate Investment Trust 2 to nance the purchase.

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