Boutique Office Building In Miami Trades
The building is leased to a mix of 25 office and retail tenants.
The building is leased to a mix of 25 office and retail tenants.
Colliers Vice Chair Stephen Rutchik and Vice President Ana Paula represented the landlord, Azora Exan, in the lease transaction. JLL’s Adam Bernstein represented the tenant in the deal.
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 253,000-square-foot office building was built in 1986 and expanded in 2007, complete with 931 parking spaces. It is currently 92% occupied.
The portfolio is primarily located in Miami-Dade, Broward, and Palm Beach counties and stands to benefit from the Golden Glades Interchange Enhancement.
The 17,228-square-foot property sold for $8,025,000.
The company plans to move to its new location in the fourth quarter of 2025.
The lease was facilitated by Berger Commercial Realty/CORFAC International’s Senior Vice President Keith R. Graves, CCIM, SIOR, and Vice President Lawrence Oxenberg, who represented Solotech in this transaction.
Totaling 640,000 square feet, the fully leased building has now received its temporary certificate of occupancy (TCO) from the City of Miami.
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