Rodolfo Alvarez in Southwest Ranches manages all three of the sellers.
When completed, the distribution complex will encompass three LEED-certified warehouse buildings totaling over 495,000 square feet.
Tony Arellano and Devlin Marinoff are overseeing leasing of the entertainment destination’s available retail, restaurant and office space.
The 55,046-square-foot property sits near the Intracoastal Waterway and features a mix of neighborhood restaurants and high-end retail stores.
The property last traded for $39.5 million in 2010, equating to $99 per square foot.
The law firm was previously located in Brickell.
Christian Lee, José Lobón and Marcos Minaya of CBRE Capital Markets, and Jay Adams with Newmark represented the seller, Encore Capital Management, in the transaction.
Now under construction, “The Julia” (formerly No. 16 Residences) is a $100 million, 14-story residential tower that will deliver 323 upscale one- and two- bedroom apartments to one of the city’s most historic and vibrant neighborhoods.
The landlord was represented by Jeff Kelly and Owen Sagar of CBRE.
The developer completed the 485,275-square-foot rental complex in 2020, after buying the land for $8.5 million in 2014 and securing a $69 million construction loan four years later, per property records.
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