Brickell Office Tower Goes On The Block For Over $500M
The 33-story bayfront tower is more than 90% occupied.
The 33-story bayfront tower is more than 90% occupied.
The landlords were represented by Juan Ruiz, Andres del Corral, Jack Davidson, Jessy Aguila, and Tere Blanca, of Blanca Commercial Real Estate in the lease transaction. Brent Woodruff, Matthew Goodman, and Tyler Wyant from CBRE represented the tenant.
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.
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