The 30 story Sabadell Financial Center in Brickell has been sold for $250 million, according to The Real Deal.

The building was purchased by Parkway Properties and KKR and the seller is  Prudential Real Estate Investors.

The building was built in 2000 along with the neighboring JW Marriott hotel and is located next to the tallest building in Miami - Panorama Tower.

The Sabadell Financial Center will be renamed 1111 Brickell.