Avison Young Closes Court-Ordered $70.5M Sale Of Biscayne 85
The final sale price doubled the initial stalking horse bid, resulting in a significant victory on behalf of the victims.
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The final sale price doubled the initial stalking horse bid, resulting in a significant victory on behalf of the victims.
Codina Partners previously co-owned Tower One with Invesco, while solely owning Tower Two.
The transaction marks the highest value attributed to a freestanding restaurant property in Florida’s history, showcasing the demand for irreplaceable assets in Miami’s exclusive South of Fifth neighborhood.
Joseph Hamam joins First State Bank with an extensive track record of success in commercial lending in the South Florida area helping businesses of all sizes secure the financing they need to grow and thrive.
Currently starting at just over $10 million, over 75% of residences are already sold.
The 72,866-square-foot industrial property, strategically situated in South Florida’s thriving industrial market, presents a significant opportunity for Longpoint Partners to expand its portfolio in the region.
Cushman & Wakefield’s Miguel Alcivar, Stuart Gordon and Matthew Bittel along with Marcus & Millichap’s Derrick Dougherty represented the seller in the transaction.
On January 10, a developer filed Broward County’s first lawsuit under the Act, after the City of Hollywood blocked a proposed 17-story mixed-use development that would bring affordable housing to Hollywood Beach.
This exciting new destination is set to open in early 2026 and will offer a mix of indoor and outdoor dining, entertainment, and year-round activations to enhance the fan experience.
The facilities facilities are slated to open in 2027.
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