Botanic Residences In Miami Scores $17 Million Construction Loan
Botanic Residences is located in West Brickell/Little Havana and will deliver some of the first high-finish condominium product to the market.
Botanic Residences is located in West Brickell/Little Havana and will deliver some of the first high-finish condominium product to the market.
The Main was fully leased within two years of delivery and remains 100% occupied today with a high-quality tenant roster of national financial institutions, leading law firms and corporate headquarters.
DWS Group initially brought the property to market in July 2025, seeking approximately $125 million. The complex last sold in 2015 for $118.55 million.
The shopping center sale price equates to more than $300 per square foot.
The 199,731-square-foot campus houses a diversified tenant roster across pharmaceutical, healthcare, aerospace, mechanical engineering, food and beverage and construction industries.
JLL Capital Market’s Debt Advisory team representing the borrower was led by Managing Director Jesse Wright and Director Joshua Odessky.
The portfolio consists of six buildings constructed between 1981 and 1982 on 7.66 acres.
The two fully leased Class A buildings total 312,834 square feet.
The 92,089-square-foot retail center is 100% leased and anchored by Milam’s Market, Walgreens, Orion Fuels and Ace Hardware.
The 211,547-square-foot industrial facility is situated on 12.71 acres.
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