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.
Steven Hurwitz, Partner, Doug Okun, Senior Vice President, and Katie Fernandez-Espinosa, Senior Leasing Associate, will lead the office leasing efforts. CLICK ON THE HEADLINE FOR MORE
iStar is selling the property, which is 81 percent occupied and 91 percent leased. CLICK ON THE HEADLINE FOR MORE
The deal represents the third major office deal on Alhambra Circle this month. CLICK ON THE HEADLINE FOR MORE
Deutsche Asset & Wealth Management has acquired the two-building, 326,415-square-foot portfolio. CLICK ON THE HEADLINE FOR MORE
Tenants took down approximately 195,000 square feet of office space in Coral Gables during the first three quarters of 2014, more than any other submarket by a wide margin. CLICK ON THE HEADLINE FOR MORE
Coral Gables has absorbed more than 180,000 square feet so far this year. CLICK ON THE HEADLINE FOR MORE
With this new assignment, CBRE now handles the leasing for all Realco-owned office properties in Miami-Dade County, totaling 1 million square feet of Class A office space. CLICK ON THE HEADLINE FOR MORE
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