Alex D. Zylberglait, Senior Managing Director of Investments in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, a private investor. The buyer, a private investor, was also secured and represented by Zylberglait.
The buildings total 252,244 square feet.
Steven Hurwitz, managing director with JLL, represented the landlord partnership in the transactions.
The 240,669-square-foot building was 95% leased at the time of the sale.
The property covers 25 acres.
The deal is an expansion for Cano Health, who previously occupied 29,834 square feet at the park.
The State Attorney’s Office will be relocating from Civic Park Plaza.
Located at 3601 North Miami Avenue in Miami, the site sits at the gateway of three of Miami’s three most dynamic, high-growth districts: Miami Design District, Midtown Miami, and Wynwood.
The tenant now occupies the building’s first and second floor spanning over 95,000 square feet of office space, accounting for the majority of the building.
Real estate investor and motivational speaker Grant Cardone bought the office complex.
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