Seagis expands South Florida portfolio

Seagis Property Group this week announced it acquired a 278,000-square-foot office/warehouse park in Miramar, Fla., for $36.1 million.

The complex, which is known as the Flamingo Park of Commerce, includes seven buildings and was 95 percent leased on a multitenant basis at the time of purchase.

The acquisition increases the Pennsylvania-based company's Dade and Broward County holdings to 37 buildings, totaling more than 2.4 million square feet.

The identity of the seller was not disclosed.

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