Chicago Investor Pays $43M For 226K-SF Warehouse In Weston
José Lobón, Trey Barry, Frank Fallon, Royce Rose, George Fallon, Gabriel Braun and Daniel Sarmiento with CBRE National Partners, represented the seller, Manova Partners, in the transaction.
José Lobón, Trey Barry, Frank Fallon, Royce Rose, George Fallon, Gabriel Braun and Daniel Sarmiento with CBRE National Partners, represented the seller, Manova Partners, in the transaction.
The lease marks Miami’s largest office lease to date in 2025.
The 36,998-square-foot assemblage at 3350 Biscayne Blvd. has existing zoning approvals for a 172-unit high-rise development.
The $14 million sale was an off-market deal.
The first phase of the development will feature 180,000 square feet of creative office space in the East Building, along with 600 multifamily residential units. Additionally, experiential retail spaces will anchor the base of every building, encompassing approximately 80,000 square feet, with the total project size reaching over 800,000 square feet.
Rossen Law Firm acquired the unit for $2,115,000 or $346 per square foot and will establish its new headquarters at the location.
Here are the most popular news headlines this past week on CRE-sources.
Colliers’ Erin Byers, Lauren Pace, Ruben Suarez, and Steven Wasserman will lead marketing efforts for the property.
The 82,261-square-foot coolered facility, situated on a 3.34-acre lot east of Milam Dairy Road, was acquired by Iconic Equities, LLC, a Miami-based real estate investment firm specializing in Industrial Outdoor Storage (IOS) and industrial development.
The new development is slated to become one of the first infill logistics projects located along US 441.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.
