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Tower 101 Sells for $28.7M

Banyan Street Capital Acquires 230,000-SF Complex in Fort Lauderdale
By Justin Sumner
CoStar News
August 1, 2012 | 9:17 P.M.

CAPROC, in a joint venture with Principal Life Insurance, has sold the Tower 101 office complex at 101 NE 3rd Ave. in Fort Lauderdale, FL to Banyan Street Capital for $28.7 million, or about $125 per square foot.

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