Newmark Arranges $210 Million Sale Of Trophy Worldcenter Retail In Downtown Miami
The sale marks the largest non-mall retail transaction recorded in South Florida since 2017.
The sale marks the largest non-mall retail transaction recorded in South Florida since 2017.
Rentyl Resorts will oversee retail property management and guest experience operations.
Apple is constructing one of the biggest Apple Stores in Downtown Miami, a freestanding retail space surrounded by the Miami Worldcenter towers.
More than 150,000 square feet of retail space at Miami Worldcenter has already been completed, with another 130,000 square feet currently under construction and nearing delivery.
The 120,000-square-foot medical center will offer teams of physicians, an on-site lab, pharmacy, and an AI-powered diagnostic center.
The property, which is situated at 942 Northeast First Avenue, will be home to the Legacy Hotel & Residences, a 50-story mixed-use tower with 274 branded residences atop a 256-room hotel.
Marcos Puente of Colliers International represented both the buyer and the seller in the transaction. CLICK ON THE HEADLINE FOR MORE
Two Related projects and one being developed by Florida East Coast Realty were “presumed to be a hazard to air navigation.” CLICK ON THE HEADLINE FOR MORE
The resort apparel company signed a long-term lease for 26,000 square feet at 9800 NW 78th Avenue. CLICK ON THE HEADLINE FOR MORE
The vacant lot was purchased for $9.4 million.CLICK ON THE HEADLINE FOR MORE
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