South Florida Litigation Firm Unveils New, 18,000 SF Office In Downtown Miami
The litigation and appellate firm originally signed its lease in the tower in 1996 and is the building’s longest-running tenant.
The litigation and appellate firm originally signed its lease in the tower in 1996 and is the building’s longest-running tenant.
The master-planned development will include 401 multifamily residences, approximately 426,764 square feet of essential and service-oriented retail, a 125-key lifestyle hotel and an approximately 82,875-square-foot office building.
The 6.6 acre property is positioned for a large-scale mixed-use development that also allows for the development of up to 6,602 residential units across residential, office, hotel, and retail.
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The acquisition works out to about $156 per square foot for the 6.15-acre property.
The leasing activity was brokered on the tenant side by JLL. Ryan Goggins and Peter “PJ” Apol represented Sunbeam Properties & Development.
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.
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The property totals 366,036 square feet on 22 acres.
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