Friday, May 8, 2015

Pembroke Professional Center sold for $12M

Three years after it was taken in foreclosure, the Pembroke Professional Center in Pembroke Pines was acquired for $12.15 million. ACM Rock Springs, a Coral Gables-based company managed by David Moret, sold the 110,683-square-foot office complex at 9050 Pines Blvd. to two companies managed by Arnold Wax in Aventura. Dycal Properties took a 93 percent interest in the building and Trips Properties received the other 7 percent interest. The price equates to $110 per square foot. The building was…

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