He brings more than 20 years of experience to Colliers, and he has been involved in the acquisition, disposition, and capitalization of more than $2 billion in commercial real estate that spans all asset types and capital structures.
HFF marketed the property on behalf of the seller, TIAA Global Asset Management. CLICK ON THE HEADLINE FOR MORE
AEW Capital Management, L.P. purchased the asset. CLICK ON THE HEADLINE FOR MORE
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
According to HFF, the sale is the second largest ever in Miami-Dade County and the highest value retail property sale in Florida. CLICK ON THE HEADLINE FOR MORE
The site is poised to be home to a world-class mixed-use development featuring retail, hotel, residential, office and/or marina uses. CLICK ON THE HEADLINE FOR MORE
The fund acquired the property, currently 95% leased, for approximately $164 million, or $402 per square foot. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
HFF worked on behalf of the borrower, a subsidiary of Hines REIT, to secure the 10-year, fixed-rate loan. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
The building’s owner has decided that it just may be the right time to sell the 9-year-old trophy tower, given the successful sale of other prime assets in the market that sold in late 2010. CLICK ON THE HEADLINE FOR MORE ON THIS STORY
300 Las Olas Place, a Class A 10-story building located just north of Las Olas Blvd., fetches just over $290 per square foot.
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