Aventura Office Building Goes On the Market

CBRE has been retained to market Aventura View, a 10-story, 106,858-square-foot boutique ocean-view office building in Aventura.
The property is located at 2999 NE 191st Street and occupies four acres at the epicenter of one of South Florida’s most affluent markets.
 

“Our client, Steelbridge, has done an incredible job on this property since acquiring it in 2012, when the occupancy was 76%,” said CBRE Vice Chairman Christian Lee. “In addition to reconfiguring and renovating the lobby, elevator cabs, common areas and bathrooms, they did a fabulous job of upgrading the landscaping and lighting on the property. They were even able to expand the parking lot by acquiring an adjacent parcel of land.”

With an overall submarket occupancy of 94%, the property is currently well-leased and offers significant upside potential as a result of the recent renovations.
CBRE’s Jose Lobon and Nicholas Avalos, together with Charles Foschini, Christopher Apone, and Amy Julian of CBRE Debt and Equity Finance, and Douglas Okun and Steven Hurwitz of Continental Real Estate Companies (CREC), are collaborating with Mr. Lee in marketing the property.
 

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