NUC University Florida Technical College Consolidates, Renews Lease At SouthPlace City Center Amidst Major Redevelopment
The college will consolidate its operations into a new 30,000-square-foot facility within the reimagined mixed-use development.
The college will consolidate its operations into a new 30,000-square-foot facility within the reimagined mixed-use development.
Jonathan De La Rosa, senior managing director of investments in Marcus & Millichap’s Miami office, procured the buyer in the transaction.
The 235,000-square-foot property sold for approximately $372 per square foot.
The six-parcel assemblage forms a contiguous development site located in Miami’s Arts & Entertainment District. and is one of the last collections of undeveloped parcels in Miami’s urban core.
Based in Fort Lauderdale, he will focus on both retail tenant and landlord representation, drawing from nearly a decade of experience in retail brokerage and leasing across Florida.
The pair has executed successful flagship concepts for major brands throughout South Florida, including Supreme, Fendi, Alain Ducasse and Zara.
The site recently received site plan approval from the City of Miami for a three-building, eight-story mixed-use development consisting of 1,050 residential units and 49,737 square feet of commercial space.
The trophy assets were sold in a deal marking one of the most significant hospitality-driven trades of 2025.
Comras plans to re-energize the center with cosmetic upgrades and a remerchandising strategy to attract dynamic new tenants.
The two building portfolio totals ±47,350 square feet.
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