JLL Capital Markets Strengthens Miami Debt & Equity Placement Team With Two Director Promotions
Both professionals will report to Chris Drew, Senior Managing Director and Miami Office Head.
Both professionals will report to Chris Drew, Senior Managing Director and Miami Office Head.
JLL Capital Markets led the sales efforts for the 371,000-square-foot light industrial portfolio adjacent to Miami International Airport.
Originally built in 1925, echo was repositioned in 2021 and offers Class A office space with approximately 10,000 square feet of ground floor retail and a 257-space parking garage.
Completed in 2000, 1100 Banyan houses Scripps’ WPTV news studio and office space. Scripps will lease-back the entire property for a minimum of two and a half years.
South Florida commercial real estate’s top talent and transformative projects honored during signature event. Manny De Zarraga received the Lifetime Achievement Award.
The project comprises two towers: a 41-story tower with 537 multifamily residential units and a 37-story tower with 266 condominium units.
The portfolio consists of seven fully leased industrial properties totalling 787,728 square feet.
JLL’s Seniors Housing Capital Markets team procured the buyer, AEW Capital Management, and secured the three-year acquisition loan through Capital One Bank on behalf of the buyer.
Codina Partners previously co-owned Tower One with Invesco, while solely owning Tower Two.
The transaction marks the highest value attributed to a freestanding restaurant property in Florida’s history, showcasing the demand for irreplaceable assets in Miami’s exclusive South of Fifth neighborhood.
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