Ugo Colombo’s CMC Group has sold the Brickell Flatiron sales center site at 1101 S Miami Ave. for $6.5 million to Retail Ocean LLC. The deal was overseen by Fabio and Sebastian Faerman of FA Commercial, who represented the buyer, and Chris Suarez of CMC Group, who represented the seller.
Read MoreKAR Properties and Fortune International Group Buy Out Remaining Reach and Rise Residences at Brickell City Centre
KAR Properties and Fortune International Group have bought out the remaining 81 unit inventory at Reach and Rise Residences at Brickell City Centre, officially marking the sell out of the residential development. KAR Properties and Fortune International Group will be focusing on selling the recently purchased units with Fortune Development Sales leading these efforts.
Read MoreHedge Fund Mogul Steven Cohen's Point72 Asset Management Signs Lease At Nuveen's 701 Brickell
Point72 Asset Management, a hedge fund led by legendary hedge fund mogul and owner of the New York Mets, Steven Cohen, has signed a lease at Nuveen Real Estate’s 701 Brickell office tower. Point72 Asset Management, which has over $20 billion in assets under management, leased 9,000 SF in the 33-story, 648,708 SF building.
Read MorePrivate Equity Powerhouse Thoma Bravo Signs Long Term Office Lease At OKO Group's 830 Brickell
The San Francisco-based Thoma Bravo has announced a milestone in its expansion to Florida as Miami continues to attract some of the largest tech, financial and investment firms to its growing epicenter. Thoma Bravo, which is one of the country’s largest private equity firms focused on the software sector, has signed a lease for 36,500 SF of space in 830 Brickell.
Read MoreOKO Group and CAIN International Lock Down $128.3 Million Construction Loan For Una Residences
OKO Group and Cain International have secured $128.3 million in construction financing for Una Residences. The senior debt, which was provided by Bank OZK, will fund the ongoing development of the 47-story luxury condo tower, which broke ground in May 2020 and has over $75 million in sales over the past four months.
Read MoreGazit Horizons Set To Clear Brickell Development Site For Brickell Gateway Mixed-Use Tower
Gazit Horizons, a subsidiary of Gazit Globe, has applied for a demolition permit to clear the way for Brickell Gateway, their proposed 650,000 SF mixed-use tower which will be built in-between Brickell City Center and Mary Brickell Village.
Read MoreOKO Group and Cain International Complete $74 Million in Condo Sales Since the Start of the New Year at Miami’s Missoni Baia and Una Residences
Miami’s newest luxury condominium towers are tapping into a surge of domestic buyers fueled by the city’s desirable quality of life, lower business and living expenses, and Florida’s tax-friendly policies.
Read MoreRelated Group Planning Baccarat Hotel & Residences At 444 Brickell
Related Group is reportedly planning to develop Baccarat Hotel & Residences at 444 Brickell. The project would feature three Baccarat-branded, Arquitectonica-designed residential towers on the Miami River where Related Group had previously planned a project known as One Brickell.
Read MoreMagic City Tech Boom? Microsoft In Negotiations At 830 Brickell And Elon Musk Wants To Build Tunnels Under Miami
Miami, the magic city, is on track to become the next Silicon Valley as the fallout from the COVID-19 pandemic has brought people flocking to South Florida. Florida saw the second highest population growth over any other state in 2020, following Texas, adding over 240,000 new residents in a single year.
Read MoreLuxe Miami Four Seasons Penthouse To Be Auctioned At No Reserve
Penthouse 70BCD at the Four Seasons Private Residences in Miami’s Brickell neighborhood will be sold by Platinum Luxury Auctions at a Luxury Auction without reserve on January 29th at 7p.m. EST. The penthouse was previously listed at $15M. The custom home is approximately 5,800 sq.ft. and a combination of 3 units which was done during initial construction and occupies half the building’s top floor.
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