non-advertiser
The property is situated on a corner lot at the high-traffic intersection of 54th Street and N.W. Seventh Avenue, minutes from Wynwood, Downtown Miami, the Design District and Midtown, making it an ideal location for workforce housing.
The company had originally planned to occupy a single floor.
Colliers Vice Chair Stephen Rutchik represented the landlords in the transactions. CBRE Executive Vice Presidents Jeff Gordon and Barbara Black represented the tenants.
The development firm will be moving their corporate headquarters to the proposed office building where they plan to occupy approximately 15,000 square feet.
The portfolio totals 495,674 square feet.
The 253,000-square-foot office building was built in 1986 and expanded in 2007, complete with 931 parking spaces. It is currently 92% occupied.
Ryan Goggins and Peter “PJ” Apol represented the Park in the transaction. Matthew Cheezem of Cushman & Wakefield represented the tenant.
Colliers’ Michael Falk and Jonathan Temple represented the tenant in the lease transaction. Cushman & Wakefield’s Matthew McAllister and Eric Cantor represented the landlord.
The portfolio is primarily located in Miami-Dade, Broward, and Palm Beach counties and stands to benefit from the Golden Glades Interchange Enhancement.
JLL’s Yuri Quispe, Peter Sheridan, and Peter Johnston will spearhead leasing efforts.
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