Coral Gables Office Complex Sells, Fetches 96% Of Target Price
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.
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.
Through the fund, Highline will pursue value-add and distressed office, retail, multifamily and industrial acquisition opportunities in the form of direct investments, joint ventures and rescue capital provided to existing property owners.
Future renovations planned include further upgrades to the building lobbies, additional building amenities, a new state-of-the-art conference facility, and continued upgrades to the common areas and restrooms.
New York-based DRA Advisors bought the 1.7 million-square-foot office park
He was involved with the acquisition, financing, management, and disposition of more than $25 billion worth of assets.
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