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The assembly – consisting of three parcels located at 1120, 1130 and 1136 SW 3rd Avenue in Miami – were purchased for a total acquisition price of $8,500,000.
Ryan Holtzman, Eddie Quinon, Brian Gale, and Andrew Trench represented landlord while Tony Jones represented tenant in the transaction.
The new location is set to open later this year.
The property offers spaces from 25,000 square feet to the entire building for lease.
The 17,500-square-foot site will be developed into a high-end boutique condominium.
Bob Schneiderman, Managing Principal (previously the Executive Managing Director of Colliers), will head up the office and plans to hire additional advisors and team members to expand the office.
Sentry Data Systems will relocate its employees from its current office at 800 Fairway,
Gatsby Florida, a division of New York City-based family investment firm Gatsby Enterprises, plans to break ground on PGA Tower in Q2 2023 with opening slated for Q4 2024.
The tenant is doubling its office space, adding a second floor to its previous lease at the mixed-use development, bringing the company’s total footprint to about 37,000 square feet.
Alex Zylberglait and Michael Crocchiola, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
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