Avison Young Closes Sale Of Miami Office Building
AY’s John K. Crotty, CCIM and Michael T. Fay successfully sold the property on behalf of the seller. CLICK ON THE HEADLINE FOR MORE
AY’s John K. Crotty, CCIM and Michael T. Fay successfully sold the property on behalf of the seller. CLICK ON THE HEADLINE FOR MORE
The offering includes a two-story, 79,271-square-foot office building situated on a 1.73-acre lot and an additional 1.84-acre site/surface parking lot directly across the street. CLICK ON THE HEADLINE FOR MORE
Transit Village will total 1.1 million square feet. CLICK ON THE HEADLINE FOR MORE
Michael T. Fay and John K. Crotty, CCIM, advised 31 sellers in the sale of 36 units. CLICK ON THE HEADLINE FOR MORE
The quick-to-close sale transaction within Broward County’s second largest office submarket is a good representation of heightened investor confidence and demand. CLICK ON THE HEADLINE FOR MORE
Avison Young’s Michael Fay and John Crotty, CCIM, will lead the marketing initiatives for the asset. CLICK ON THE HEADLINE FOR MORE
The change in ownership is expected to add 70 employees from Collier’s Miami, Fort Lauderdale and Palm Beach offices to Avison Young’s operations. CLICK ON THE HEADLINE FOR MORE
The new owner plans to renovate the building immediately in order to upgrade its features to that of a ‘Class A’ boutique office product. CLICK ON THE HEADLINE FOR MORE
The site is zoned for multiple uses including hospitality, office and retail development, as well as multifamily development. CLICK ON THE HEADLINE FOR MORE
The buyer paid $3.7 million in an all cash transaction for the 70,500-square foot parcel. CLICK ON THE HEADLINE FOR MORE
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