Olympus Property Expands Florida Portfolio With Miami Health District Apartment Acquisition
The acquisition marks Olympus’ first asset in Miami and reflects the firm’s expansion into one of South Florida’s leading employment districts.
The acquisition marks Olympus’ first asset in Miami and reflects the firm’s expansion into one of South Florida’s leading employment districts.
The first phase of the project includes a total of 350,000 square feet of revamped and newly built retail space, along with three 8-story multifamily buildings with 470 market-rate apartments.
The newly completed transit-oriented development includes mixed income apartments and neighborhood retail along the Miami-Dade Metrorail corridor at the entrance to Coconut Grove.
The Estate Companies developed the project in 2021 and achieved 95% occupancy in six months.
Construction of the high-end and modern FIRST Apartments project started in March 2020 and was successfully completed in fall 2021.
EON Squared includes a 206-unit tower and an adjacent 270-unit tower completed in 2019 and 2021.
The project will feature a 64-story apartment tower comprising 1,175 units, as well as 190,000 square feet of office space, a 200-room hotel, 10,000 square feet of retail space and 1,400 parking spaces.
He brings more than 20 years of experience to Colliers, and he has been involved in the acquisition, disposition, and capitalization of more than $2 billion in commercial real estate that spans all asset types and capital structures.
The newly constructed apartment building includes nearly 27,000 square feet of ground floor retail space.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.