Ryder Puts Miami Corporate Headquarters Up For Sale
The logistics firm will seek a smaller office footprint due to remote work.
The logistics firm will seek a smaller office footprint due to remote work.
The property was acquired in a special situation from a long-term private family owner.
CBRE also announced that in the past six months, Kevin Gonzalez, Jake Freeman and Maggie Kurtz have arranged nine new office leases totaling 92,000 square feet at 777 Brickell.
The new, long-term lease brings the 212,619-square-foot building to 100% leased and marks Unique Vacations’ relocation and expansion.
Formerly an industrial building, the stand-alone property has been fully converted for office and restaurant use and features a rooftop terrace.
This transaction underscores a paradigm shift in rates and market fundamentals and sets a new bar for the Miami office market.
The firm will occupy the 24,000 square foot ground floor retail space which was formerly occupied by a grocery tenant and more recently used as a furniture showroom.
The company connects merchants and customers into a single unified shopping experience through access to data, information, and capital.
JLL’s Eric Groffman, Cameron Tallon, and Emily Brais will spearhead leasing efforts.
The lease and sale transactions total over 80,920 square feet.
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