Elliott Investment Management Expands Portfolio With Acquisition Of Brickell Office Tower
The 33-story tower spans 687,000 square feet.
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The 33-story tower spans 687,000 square feet.
The mixed-use property features a 20,150-square-foot class A office building with an attached 18,048-square-foot private hangar that can accommodate up to four planes, a luxury 2-bedroom/2-bathroom apartment overlooking the runway, and a prime development opportunity for fee simple-owned land zoned for additional airplane hangars or industrial development.
CBRE, represented by Chris Lee and Sean Kelly, alongside Blanca Commercial Real Estate, represented by Chris Gallagher, Christina Stine Jolley, and Andres Del Corral facilitated the transaction on behalf of the seller. The property was bought by Galium Capital.
The property, located at 8150 NW 76th Avenue, has been owned by Seagis since 2007.
Alta Development is developing River District 14 on a 1.3-acre site at 1420 NW 14th Ave., near the Miami River. Construction is expected to begin before the end of the year.
These projects not only represent significant opportunities for Bollig and his clients but also signal the continued upward trajectory of St. Lucie County as a desirable destination for development.
Making his return to JLL, he will join the corporate tenant representation team to serve clients across Miami-Dade, Broward, and Palm Beach counties.
Summit Realty acquired the vacant land for $20 million in 2023.
The property last sold in 2017 for $ 1,480,000.
Foundry originally acquired the site for $8.75 million in 2022
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