South Florida Office Trades For Record-Setting Price
A private investor purchased the Class B property for more than $230 per square foot.
A private investor purchased the Class B property for more than $230 per square foot.
The property features a full block’s frontage on Biscayne Boulevard between 25th and 26th streets.
All three properties were fully leased at the time of sale and were previously owned by one private investor who sold each property to a different buyer.
The property consists of six parcels with T6-36A-L zoning, which allows for the highest density and greatest variety of uses within Miami’s urban core, including 382,020 buildable square feet and a maximum height of 36 stories.
Benjamin H. Silver with CBRE will lead the marketing efforts on behalf of ownership.
Benjamin Silver with CBRE represented the seller, 5100 Realty LLC, in the transaction.
The asset sold for $3,000,000.
Douglas Mandel and Benjamin Silver represented the seller in the $5.3 million sale. CLICK ON THE HEADLINE FOR MORE
Mandel+Partners’ Douglas Mandel and Benjamin Silver represented the seller in the transaction. CLICK ON THE HEADLINE FOR MORE
The AT&T-anchored shopping center sold for $2,300,000. CLICK ON THE HEADLINE FOR MORE
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