New ownership plans to spend north of $10 million in capital improvements to the property throughout 2022, including renovations to the lobby areas, corridors, and restrooms of Tower I, II and III. Additionally, they will be enhancing tenant amenities with a conference center, lounge, and state-of-the-art gym.
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The lease brings Miami’s MedSquare Place to full occupancy prior to delivery.
The future mixed-use project will utilize the existing building.
The portfolio consists of three waterfront sites, totaling 1.36 acres, each with site plan approval already in-place for the development of a luxury mid-rise condominium with high-end amenities.
Scott Goldstein, Keith Edelman and John Nugent with CBRE represented Aon in the lease negotiations.
E-commerce continues to spur demand for well located, fully-secured trailer/fleet parking lot assets across South Florida.
He will join the firm’s Miami-based Office Agency Leasing team consisting of Brian Gale, Andrew Trench, Ryan Holtzman, Jeannette Mendoza and Lena Weeks.
Here are the most popular news headlines this past week on CRE-sources.
For the past 33 years, he has operated a successful brokerage and property management company.