Black Lion President Robert Rivani has plans to invest an additional $50 million to reimagine the property into ‘Class X’ – an innovative concept that aims to redefine luxury and service standards in the office industry.
The leases total nearly 40,000 square feet of space.
Apple is constructing one of the biggest Apple Stores in Downtown Miami, a freestanding retail space surrounded by the Miami Worldcenter towers.
The building’s current tenant recently signed a new 30-year lease.
The nonprofit has retained Transwestern to provide Asset Services for the 5-story, 30,000-square-foot building.
The sites offer the opportunity to construct 3.1+ million gross square feet, across multiple towers and to a height of 1,049 feet. By-right uses include condominium, hotel, office, retail, or any combination, thereof.
The purchase of the 474,109 square foot complex equates to $160 per square foot.
Easton senior associate Jake Weiss represented the law firm in the transaction.
The seventh and final 15,000-square-foot parcel located at 1469 NW 13 Terrace closed this week.
The JLL office brokerage team of Managing Directors Steven Hurwitz and Doug Okun, Kevin Probel, Senior Managing Director, Clark Finney, Executive Managing Director, and Madeline Fine, Associate, will lead leasing efforts.
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