CBRE Arranges Sale of FL Office Property

Senior Vice President David Wigoda and Financial Analyst Sean Kelly represented the seller, Liberty Real Estate Holdings, in the disposition of Port St. Lucie Technology Center.
Port St. Lucie Technology Center

CBRE has arranged the $11.5 million sale of Port St. Lucie Technology Center, a Class A office building in Port St. Lucie, Fla., to REVA. Senior Vice President David Wigoda and Financial Analyst Sean Kelly represented the seller, Liberty Real Estate Holdings, in the transaction. 

Located at 8881 S. US Highway 1, the property was constructed in 2002. Port St. Lucie is located halfway between Orlando and Miami. The property is conveniently situated nearly US 1, Interstate 95 and the Florida Turnpike. 

Port St. Lucie Technology Center is currently 100 percent occupied by Convey Health Solutions Inc., a provider of healthcare technology and business process outsourcing solutions. The asset is situated within the Port St. Lucie Technology Campus, a two-building, 32-acre development. Features of the building include floor-to-ceiling glass, raised ceilings, an open trading/calling floor and extensive private offices. 

“The Port St. Lucie Technology Center serves as one of Convey Health Solutions’ call centers and employs approximately 450 individuals in Port St. Lucie alone. Additionally, this location supports many of the company’s general and back-office operations,” Wigoda said in a prepared statement.

Earlier this month, CBRE brokered the $9 million sale of FedEx Ground Terminal in Mills River, N.C., a 90,000-square-foot, build-to-suit asset. 

Image courtesy of CBRE

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