Swiss Real Estate Investment Firm Opens New US HQ In Miami
The firm now occupies more than 10,000 square feet.
The firm now occupies more than 10,000 square feet.
Colliers Vice President Virgilio Fernandez represented the seller and the buyer in the transaction.
The office with retail component including a rooftop venue will bring sophisticated work/play experiences to Coral Gables’ Merrick Park district. Groundbreaking is scheduled for Q4 2023 with completion in 2025.
The asset last traded in November 2023 for $48 million.
Completion of a series of capital improvements at the 365,000-square-foot Class A office building contributed to the attraction of new office tenants.
Donna Abood, Joe Abood, and Peyton Dowd of Avison Young represented FECR in the transaction.
Steven Hurwitz, Doug Okun and Madeline Fine of JLL represented CP Group in the lease transactions.
Colliers Vice Chair Stephen Rutchik and Vice President Tom Farmer negotiated five leases totaling 47,235 square feet.
JLL’s Zach Winkler represented Nuveen in the retail lease negotiations for Pura Vida’s new space, is double in size from its current Brickell outpost.
The company also announced on October 17 that it plans to introduce a fourth options exchange platform headquartered in Miami.
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