An Ares Management Real Estate fund acquired the assets.
Class A office rental rates are exceeding $75 gross in Coconut Grove.
The new, two-building logistics facility totals 317,499 square feet.
The recently constructed, two-building multi-tenant industrial park totals 170,000 square feet
The 18-story tower was repositioned from a Class B to a Class A asset and is currently 61% leased.
Bank of America purchased the asset on behalf of a client, and JLL will lease the property for the new owner.
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