Bay Harbor Towers Fetches $32 Million
The sale price equates to $1,066,667 per existing unit.
The sale price equates to $1,066,667 per existing unit.
The JLL brokerage team of Managing Directors Steven Hurwitz and Doug Okun and associate Madeline Fine are spearheading the office leasing at the property.
The 71,307 square foot property features prominent frontage on South Federal Highway in the heart of Fort Lauderdale.
The company will occupy space on the 20th floor of the property’s world-class Class A office tower.
The move will be catalyst to Chamber’s evolution, which will include a new identity package, enhanced programs, new website and more in the coming year.
The venture led by Parmenter will invest significant capital to enhance and reposition the property, establishing it as a new innovation hub in Doral.
The deals bring the 25-story, 387,402-square-foot “Class A” office community to over 50% leased following its November 2020 delivery.
Blackstone intends to create a new office to expand the firm’s in-house technology capabilities with plans to hire more than 200 tech-focused employees in Miami in the coming years.
The office portfolio property management contract awarded to JLL is the largest agreement by square footage secured in Florida for 2020.
The 4 lease deals range from 18,607 square feet down to 1,899 square feet. CLICK ON THE HEADLINE FOR MORE
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