Taubco, Landau Properties Close $74 Million Construction Loan For Trophy Office Building
The office building will be the only Class A office building in Miami to offer private boat access and dockage.
The office building will be the only Class A office building in Miami to offer private boat access and dockage.
Colliers’ Stephen Rutchik represented the long-term tenant in the lease renewal. JLL’s Steven Hurwitz, Doug Okun, and Madeline Fine represented the landlords in the lease transaction.
The firm will be taking 22,614 square feet of space at the Class A office building.
The building is leased to a mix of 25 office and retail tenants.
Colliers Vice Chair Stephen Rutchik and Vice President Ana Paula represented the landlord, Azora Exan, in the lease transaction. JLL’s Adam Bernstein represented the tenant in the deal.
Colliers Vice Chair Stephen Rutchik represented the landlords in the transactions. CBRE Executive Vice Presidents Jeff Gordon and Barbara Black represented the tenants.
The development firm will be moving their corporate headquarters to the proposed office building where they plan to occupy approximately 15,000 square feet.
The 253,000-square-foot office building was built in 1986 and expanded in 2007, complete with 931 parking spaces. It is currently 92% occupied.
The portfolio is primarily located in Miami-Dade, Broward, and Palm Beach counties and stands to benefit from the Golden Glades Interchange Enhancement.
The 17,228-square-foot property sold for $8,025,000.
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