Nearly Vacant South Beach Office Building Hits The Market
The eight-story property includes 111,400 square feet of office space, 26,700 square feet of ground-floor retail, and a 499-space parking garage.
The eight-story property includes 111,400 square feet of office space, 26,700 square feet of ground-floor retail, and a 499-space parking garage.
Colliers South Florida represented the law firm in the lease transaction.
The prominent real estate firm led by billionaire Vladislav Doronin has signed a 25,000-square-foot lease at the newly developed mixed-use project.
Colliers Vice Chair Stephen Rutchik, Vice Presidents Tom Farmer and Ana Paula, and Associate Vice President Jake Freeman will represent the new landlord.
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.
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