Coral Gables Office Complex Goes On The Block For Target Price Of $125M
The Coral Gables listing follows a series of notable divestitures by DWS in the region.
The Coral Gables listing follows a series of notable divestitures by DWS in the region.
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.
Tobin Real Estate Senior Vice President Louie Granteed had the exclusive listing on the property and represented both the seller and the buyer in the sale of the asset.
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.
Savills Managing Director Michael Wernick, along with Senior Managing Directors Lawrence Epstein and David Browne, represented the tenant in the transaction.
Joe Freitas and John Criddle of CBRE are handling office leasing at The Eclipse on behalf of the development partnership. The law firm was represented by Greg Katz, Carlyle Coffin and Shay Pope of Stream Realty Partners.
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.
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