Billionaire real estate investor Moishe Mana has closed on the $25 million sale of 25 West Flagler Street, an assemblage of three adjacent parcels totaling 29,000 SF of land in Downtown Miami’s Central Business District (CBD). The property features redevelopment potential of up to 80 stories and ±696,000 SF, as of right.
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CMC Group Pays Off $236 Million In Construction Loans For The Recently Completed Brickell Flatiron
Unit closings are underway and residents are moving in at Downtown Miami’s newly-completed Brickell Flatiron tower, with 50% of the 64-story tower’s contracts successfully closed over the last 30 days. The news comes as developer CMC Group retires $236 million in construction loans for the project.
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Penthouse At Multiplan Real Estate Asset Management's 57 Ocean Sells For $10.9 Million To Buyer From New York
Marcelo Kingston, Managing Partner of Multiplan Real Asset Management, developer of 57 Ocean, has announced the sale of Penthouse 2 at the Arquitectonica-designed boutique oceanfront condominium nestled along Miami’s original Millionaire’s Row.
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PARAMOUNT Miami Worldcenter Reveals Contemporary Art Collection For Art Basel With Flying Car
The art of innovation will be on display during Miami Art Week as PARAMOUNT Miami Worldcenter has revealed a prototype of the world’s first flying car along with its contemporary art collection at a special preview exhibit to kick off Art Basel.
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Avison Young Oversees Sale Of $70 Million Transformco Distribution Center To Reich Brothers
Avison Young’s Florida Capital Markets Group has overseen the sale and closing of the Transformco Distribution Center, the largest single-building industrial asset in Florida spanning nearly 2 million SF, to Reich Brothers. The transaction closed for $70 million for the 1,937,892-square-foot Transformco Distribution Center, located at 655 SW 52nd Ave. in Ocala.
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Venetian Island Spec Home Designed By Quincoces-Dragò Sells For Record $15.55 Million
A spec home located at 802 West Dilido Drive on the Venetian Islands has sold for a record $15.55 million. The five-bedroom, 5,600-SF home at sold for approximately $2,750 PSF after it hit the market in March 2019 for $16.85 million. 802 W Dilido LLC paid $4.1 million in 2016 for the 10,500 SF lot.
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Avison Young Chosen By New Ownership Team At 800 Brickell To Oversee Leasing
Avison Young has been named the exclusive leasing firm for the 15-story, 209,122 SF office tower at 800 Brickell Avenue in Miami. The assignment was awarded by new-to-market ownership, New York-based family firm Gatsby Enterprises in partnership with MasterMind Properties, which acquired the trophy asset for $125.5 million in July 2019.
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Royal Palm Companies Launches Sales Of Legacy Hotel & Residences At Miami Worldcenter
Miami-based real estate developer Royal Palm Companies (RPC), has officially launched sales for Downtown Miami’s newest mixed-use tower, Legacy Hotel & Residences, the soaring branded mixed-use skyscraper in the heart of mega-project Miami Worldcenter (MWC).
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Ugo Colombo Completes Miami’s Tallest Condo Tower As CMC Group’s Brickell Flatiron Receives TCO
Brickell Flatiron, CMC Group’s new 64-story luxury condominium tower in Downtown Miami’s Brickell Financial District, has received its Temporary Certificate of Occupancy (TCO) from the City of Miami. The milestone opens the door for closings to get underway as buyers take ownership of their residences, begin interior build-outs, and prepare to move-in this fall.
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OKO Group Launches The AS+GG Designed 830 Brickell Office Tower In Miami's Financial District
OKO Group, the US-based development company founded by international real estate and hotel magnate Vladislav Doronin, and Cain International, a privately held real estate investment firm, have revealed plans for 830 Brickell, the first new office tower to launch in Miami in nearly a decade.
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