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JV Sells 772,000-SF Primera Towers Office Portfolio in Lake Mary

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Miami-based Parmenter Realty Partners acquired the five-building Primera Towers office campus located at 605-615 Crescent Executive Ct. and 255-300 Primera Blvd. in Lake Mary, FL from an ownership group comprised of Banyan Street Capital, funds managed by Los Angeles-based Oaktree Capital Management and Munich-based Balandis AG for $130 million, or about $168 per square foot.

The sale marks the largest suburban office sale in Orlando since the…

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