Brickell Avenue Office Tower Under Contract For $275 Million
If finalized, this would mark the largest office sale in South Florida so far this year.
If finalized, this would mark the largest office sale in South Florida so far this year.
The sale price equates to approximately $370 per square foot.
The corporate law firm has extended its lease of more than 21,000 square feet.
In his new role, he will work alongside Greg Katz, Shay Pope, Jason Warren, and Carlyle Coffin to grow the firm’s tenant representation platform.
Alex Zylberglait and Michael Crocchiola, investment specialists in Marcus & Millichap’s Miami office, exclusively marketed the property on behalf of the seller.
Both professionals will report to Chris Drew, Senior Managing Director and Miami Office Head.
The college will consolidate its operations into a new 30,000-square-foot facility within the reimagined mixed-use development.
Newmark’s Co-Presidents of Global Debt & Structured Finance Jordan Roeschlaub and Jonathan Firestone, Vice Chairman Nick Scribani, and Director Chris Lozinak secured the financing from Barings.
The transaction included both a deed-in-lieu-of-foreclosure and a conventional sale supported by new financing.
Gordon Messinger and Randy Carballo with CBRE represented the landlord in all lease negotiations.
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