Developer Starts Demo On Miami Design District Site For 90,000 SF Project
The project will accept cryptocurrency as an option for lease payments.
The project will accept cryptocurrency as an option for lease payments.
Mike Davis, Dominic Montazemi, Miguel Alcivar, Adam Spies, Rick Brugge, and Rick Colon of Cushman & Wakefield represented both the seller and buyer in the transaction.
The seller achieved 25% asset appreciation in 14 months with a strategic value-add plan.
The lease brings Miami’s MedSquare Place to full occupancy prior to delivery.
Scott Goldstein, Keith Edelman and John Nugent with CBRE represented Aon in the lease negotiations.
He will join the firm’s Miami-based Office Agency Leasing team consisting of Brian Gale, Andrew Trench, Ryan Holtzman, Jeannette Mendoza and Lena Weeks.
The JLL team of Managing Directors Steven Hurwitz and Doug Okun with Associate Madeline Fine will direct leasing activity at the iconic site.
The 137,579-square-foot property offers 243 parking spots, 46,000 square feet for offices and 22,000 square feet of street-level retail, most of which is leased to CVS.
The Miami space serves as the firm’s second office location.
Marcus & Millichap will be joining OpenStore and Veru as the first three tenants in The Gateway at Wynwood.
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