The lease allows Tricera to seamlessly backfill space to be vacated by Comerica Bank, which is moving out of 1675 Midtown when its lease expires in June 2023.
Tricera and Merrimac closed the acquisition of the ±16,500 square feet of retail and restaurant space in August 2020
Tricera acquired the buildings for $13.25 million in January 2019.
Echelon Fitness is set to occupy 10,035 square feet.
Tricera Capital obtained $50.75 million in financing for the adaptive re-use project.
The buyer made their first foray into the South Florida market earlier this year with the purchase of 2407 NW Second Avenue in Wynwood for $11 million. CLICK ON THE HEADLINE FOR MORE
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.
