JLL represented the seller and procured the buyer.
JLL represented the seller, Pearlmark, and procured the buyer, CS Ventures.
Class A office rental rates are exceeding $75 gross in Coconut Grove.
The mission-critical facility will soon house approximately 900 employees that facilitate the billing, scheduling and telemedicine services for the healthcare group.
JLL represented the seller, Ivy Realty, in the sale of the property.
The 18-story tower was repositioned from a Class B to a Class A asset and is currently 61% leased.
When it closes in two weeks, it will be South Florida’s largest office sale in more than a year.
The HFF investment sales team representing the seller included director Ike Ojala, senior managing director Hermen Rodriguez and associate director Jorge Portela. CLICK ON THE HEADLINE FOR MORE
The deal represents the third major office deal on Alhambra Circle this month. CLICK ON THE HEADLINE FOR MORE
Hermen Rodriguez, Ike Ojala and Jorge Portela of HFF represented the seller in the transaction. CLICK ON THE HEADLINE FOR MORE
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