DRA Advisors and CP Group have acquired Miami Tower, a 627,152-square-foot trophy office tower in Downtown Miami’s Central Business District for $163.5 million. Mike Davis, Dominic Montazemi, Mike McDonald, Miguel Alcivar, Rick Brugge, Rick Colon, and Adam Spies of Cushman & Wakefield represented the seller, USPO Miami, LLC, in the transaction.
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Sumaida + Khurana and Bizzi & Partners Reveal 'THE FIFTH MIAMI BEACH' Class A+ Office Designed By Spanish Master Architect Alberto Campo Baeza
Sumaida + Khurana and Bizzi & Partners, two internationally recognized real estate development firms, have received approval from the City of Miami Beach to proceed with the construction of a new Class A+ office building designed by renowned Spanish master architect Alberto Campo Baeza. The project is named THE FIFTH MIAMI BEACH and it will be Baeza’s first commercial building in the United States.
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SHVO Reveals Norman Foster-Designed Class A Office On Alton Road And Lincoln Road
SHVO has revealed plans for a Foster + Partners-designed Class A office project at the former Epicure Gourmet Market & Cafe at the intersection of Alton Road and Lincoln Road. The project will rise five stories and will feature nearly 250,000 SF of total development at 1656, 1664, 1676 and 1680 Alton Road and 1677 West Avenue. Kobi Karp of Kobi Karp Architecture & Interior Design is working with Foster + Partners
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Related Companies and Swire Properties Reveal One Brickell City Centre Supertall Office Tower
Related Companies and Swire Properties have revealed plans for One Brickell City Centre, a new supertall office tower which will be adjoined to Brickell City Centre. Construction is expected to start in 2023 and the tower will be the tallest commercial tower in Florida upon completion. One Brickell City Centre is designed by Arquitectonica and will offer 1.6 million SF of office space.
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New-To-Market Insurance Firm A-CAP Inks Lease at OKO Group's Class A-Plus Office Tower 830 Brickell
As financial, professional services, technology and other major corporate firms look to establish their presence in South Florida, A-CAP, a premier insurance and financial services company with over $6 billion in assets under management, will become the latest company to debut its new office at 830 Brickell in Miami’s Brickell Financial District.
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BH3 Starts Demolition On Future Site Of Design 38 Mixed-Use Office Development Coming To Miami Design District
BH3 Management has begun demolition to make room for a new nine-story, 90,000-square-foot retail, showroom and office development at 3801 N. Miami Ave designed by renowned architectural firm Sieger Suarez in Miami Design District. Dubbed Design 38, the project is positioned at the southwestern entrance to the Miami Design District.
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PEBB and Banyan Development Acquire Seven Building Portfolio at the Research Park at Florida Atlantic University® For $37.5 Million
PEBB Enterprises and joint venture partner Banyan Development closed another major office acquisition in the companies’ home base of Boca Raton. The venture paid $37.5 million for a long-term ground leasehold interest position in the Research Park at Florida Atlantic University®, consisting of a portfolio of seven multi-tenant office buildings totaling 308,305 SF.
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Aon Insurance Company Relocates to New 20K SF Space in Brickell
Cushman & Wakefield has announced that the commercial real estate services firm has arranged a new long-term office lease of approximately 20,000 square feet at 701 Brickell for Aon Insurance Company. The company will occupy the 32nd floor of the office building, which is located in Miami's Brickell financial and tech neighborhood.
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Cordova Building In Fort Lauderdale Trades For $7 Million In Off-Market Office Transaction
The Cordova Building in Fort Lauderdale has sold for $7 million in an off market transaction. Southern Centers Associates I LP, led by longtime Fort Lauderdale developers and investors Kevin Buckley and Randall Kella, sold the 1500 Cordova Road property to Sunrise-based Centerline Capital Advisors.
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6111 Broken Sound Parkway In Boca Raton Signs Over 22,000 SF In Office Leases
Alchemy-ABR Investment Partners, a fully integrated New York based real estate investment firm- together with its joint venture partner, Breakers Capital Partners, a Miami based real estate investment firm, have announced that it has signed 22,241 SF of new leases and renewals at its Class A office building, 6111 Broken Sound Parkway in Boca Raton.
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