Black Lion President Robert Rivani has plans to invest an additional $50 million to reimagine the property into ‘Class X’ – an innovative concept that aims to redefine luxury and service standards in the office industry.
JLL Capital Markets arranged the $100,000,000 financing for the nine-industrial-warehouse portfolio.
The leases total nearly 40,000 square feet of space.
Countyline Corporate Park Phase IV consists of a 121-acre project entitled for 2.2 million square feet of industrial distribution buildings in Miami’s Countyline Corporate Park
Here are the most popular news headlines this past week on CRE-sources.
The Class A industrial portfolio is comprised of three buildings totaling 197,608 square feet.
Mike Davis, Dominic Montazemi, Rick Brugge, and Rick Colon of Cushman & Wakefield arranged the sale on behalf of both the seller and buyer.
Thiel and Oxenberg represented the Seller in the sale. The buyer intends to utilize the property for industrial mining.
The proposed project is slated to include 734 apartments, 150 hotel rooms and 300,000 square feet of commercial, self-storage space.
Apple is constructing one of the biggest Apple Stores in Downtown Miami, a freestanding retail space surrounded by the Miami Worldcenter towers.