Coral Gables Office Complex Goes On The Block For Target Price Of $125M
The Coral Gables listing follows a series of notable divestitures by DWS in the region.
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The Coral Gables listing follows a series of notable divestitures by DWS in the region.
The eight-story property includes 111,400 square feet of office space, 26,700 square feet of ground-floor retail, and a 499-space parking garage.
Colliers South Florida represented the law firm in the lease transaction.
Tobin Real Estate Senior Vice President Louie Granteed had the exclusive listing on the property and represented both the seller and the buyer in the sale of the asset.
The brokerage will lead leasing for 80,000 square feet of curated retail space.
The prominent real estate firm led by billionaire Vladislav Doronin has signed a 25,000-square-foot lease at the newly developed mixed-use project.
Beck represented the seller in this off-market transaction, which came to fruition after three years of consistent follow-up and relationship-building.
The portfolio consists of two separate industrial parks, each featuring two dock-high front-load small bay warehouses.
Savills Managing Director Michael Wernick, along with Senior Managing Directors Lawrence Epstein and David Browne, represented the tenant in the transaction.
Joe Freitas and John Criddle of CBRE are handling office leasing at The Eclipse on behalf of the development partnership. The law firm was represented by Greg Katz, Carlyle Coffin and Shay Pope of Stream Realty Partners.
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