Westside Capital Acquires Coral Gables CBD Office Building In Off-Market Deal
The property was acquired in a special situation from a long-term private family owner.
The property was acquired in a special situation from a long-term private family owner.
Here are the most popular news headlines this past week on CRE-sources.
CBRE also announced that in the past six months, Kevin Gonzalez, Jake Freeman and Maggie Kurtz have arranged nine new office leases totaling 92,000 square feet at 777 Brickell.
The new, long-term lease brings the 212,619-square-foot building to 100% leased and marks Unique Vacations’ relocation and expansion.
Formerly an industrial building, the stand-alone property has been fully converted for office and restaurant use and features a rooftop terrace.
This transaction underscores a paradigm shift in rates and market fundamentals and sets a new bar for the Miami office market.
Here are the most popular news headlines this past week on CRE-sources.
Executive Managing Director Mark M. Rubin and Director Bastian Laggerbauer of Colliers | South Florida Investment Services Team represented the seller in the transaction.
Jaime Sturgis-led firm’s recent closings include office, retail and industrial property sales.
The buildings total 60,000 square feet each and are accompanied by a half-acre auxiliary parking lot.
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