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The Green Cos. has purchased Sabadell Financial Center, a five-story, 102,007-square-foot office building located at 150 S. Pine Island Road in Plantation.

Clarion Partners LLC sold the Class A office building to Green Cos. for $19.3 million.

The property was 96 percent leased at the time of sale to tenants such as Sabadell United Bank, Quest Workspaces and Ferencik Libanoff Brandt Bustamante & Goldstein PA.

Hermen Rodriguez, Ike Ojala and Tracey Goo of HFF represented Clarion Partners in the transaction. James Bernstein, Elizabeth Green and George Brown led The Green Cos. internally.

Paul Stasaitis and Maxx Carney of HFF arranged the 10-year, fixed-rate, $12.5 million acquisition loan through Aegon USA Realty Advisors LLC.

Source: REBusiness

Tower Commercial Real Estate named Scott Allen as Managing Director to lead the growing firm’s tenant representation division. Allen has focused exclusively on tenant representation throughout his 23-year career, serving clients nationally and in South Florida.

The new executive is experienced in all aspects of transactions, from leasing, sales and build-to-suits to acquisition and disposition of assets. Allen has represented clients including mid-to-large cap corporations, law firms, financial service firms, healthcare, municipalities, banks and technology companies.

Before joining Tower, Allen was associated with CBRE since 1996, and represented clients including Spherion Staffing, VITAS Healthcare, City of Fort Lauderdale, Citibank and AutoNation.

“As Tower continues to expand its team and service lines, we are thrilled to have someone of Scott’s caliber and experience to lead and grow our Florida tenant representation platform,” said Jon Blunk, president and founder of Tower Commercial Real Estate.

Headquartered in Miami, with offices in Fort Lauderdale, Boca Raton and West Palm Beach, Tower Commercial Real Estate is a full service commercial real estate brokerage firm active throughout Miami-Dade, Broward and Palm Beach counties. The firm has a current leasing portfolio of more than 3 million square feet, including many of the region’s most prominent Class A office and mixed-use properties.

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The Green Cos. Purchases Sabadell Financial Center

Tower Commercial RE Names Scott Allen To Head Tenant Representation Division

The Green Cos. Purchases Sabadell Financial Center

Tower Commercial RE Names Scott Allen To Head Tenant Representation Division

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The Green Cos. Purchases Sabadell Financial Center

Tower Commercial RE Names Scott Allen To Head Tenant Representation Division

“As Tower continues to expand its team and service lines, we are thrilled to have someone of Scott’s caliber and experience to lead and grow our Florida tenant representation platform,” said Jon Blunk, president and founder of Tower Commercial Real Estate.

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