Santander Breaks Ground On 50-Story 1401 Brickell By Santander Office Tower
The mixed-use tower is planned to total about 1.6 million square feet, with completion targeted for 2029.
The mixed-use tower is planned to total about 1.6 million square feet, with completion targeted for 2029.
Alex Zylberglait of Marcus & Millichap represented the seller, a private overseas group, and procured the buyer, a local private operator.
Read on for the most popular news headlines this past week on CRE-sources.
The property totals 366,036 square feet on 22 acres.
The lease transactions are valued at more than $56 million.
The two projects total 302,000 square feet across Fort Lauderdale and Deerfield Beach, with delivery expected in 2027.
The deal represents a significant expansion from Terrabank’s previous 27,068-square-foot office on Coral Way.
The property sits on approximately 7.41 acres and is currently configured as a single-tenant office building.
Read on for the most popular news headlines this past week on CRE-sources.
The newly acquired assemblage spans multiple properties along North Andrews Avenue, totaling more than 20,000 square feet of existing commercial space.
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