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All Big Things Miami.

Cashflow In Miami
August 15, 2021

2 S Biscayne Blvd, Miami, FL 33131

Largest multifamily deal of 2021 just closed in Boca Raton!

CP Group has acquire One Biscayne and became the largest office landlord in Miami for $225 million.

CP Group, formerly Crocker Partners, has acquired One Biscayne Tower, a 38-story office tower in downtown Miami, in a joint venture with funds managed by Rialto Capital Management and Sabal Capital Partners. One Biscayne Tower features nine floors of parking below 24 floors of office space. Amenities include a newly renovated lobby, fitness center, Pilates studio, two banks, a deli and a variety of services such as a florist, car wash, hair salon, print shop and Amazon locker delivery.

The acquisition brings CP Group’s total downtown Miami holdings to over 2 million square feet, including SunTrust International Center and Citigroup Center, formerly known as Miami Center. The company claims it is now the largest office landlord in downtown Miami, largest commercial landlord in Florida, third-largest landlord in Atlanta and 37th largest overall in the United States.

200 Bal Bay Drive ,Bal Harbour, FL

55 million sale in the books!!

The 80,040 SF lot is where the Bal Harbour Yacht Club building, designed by Alfred Browning Parker, once stood, sold for $54.931 million after hitting the market in March for $65 million!!!The property is a peninsula with 915’ of waterfront spanning three sides and also features 200’ of road frontage. It comes with 7 boat slips on the inside of the protected waterway where the buyer will have the riparian rights to build new docks or helipad. Land under water on inside of marina is privately owned so you have the ability to do something creative that extends far off of the seawall.

7777 NW 41 ST , Doral, FL

Industrial land sale in Doral!

PepsiCo sold its Miami-Dade County offices and bottling plant for $40.27 million to a joint venture between local developers Terra and Terranova Corp.Terra and Terranova Corp. announced that they had formed 7777 Investment LLC to acquire the property from PepsiCo and sign a lease with the beverage company. While the developers didn’t disclose the length of the lease, they indicated it was not long term, and they plan to redevelop the property for up to 500,000 square feet of commercial space.From the picture one can see theres construction going on the site currently!

3900 NW 79th Ave. and 7905 NW 36th Street, Doral, FL

Terra is moving forward with Doral Atrium!

Terra and Avalon Acquired Atrium at Doral for $33.5mill.

777 NE 26th Terrace along Biscayne Bay , Edgewater

Missoni Baia topps off and will be delivered this coming winter!

Majority of its 249 units already sold ahead of its projected completion. The fashion house’s creative brand aesthetic, marked by eye-catching prints and Italian flare, can be found throughout the new 838,000-square-foot luxury tower. The 57-story building itself was designed by architect Hani Rashid of Asymptote Architecture, with a richly layered landscape designed by Enzo Enea of Enea Garden Design. Priced from about $650,000 to upwards of $9 million, the one- to five-bedroom layouts measure between 776 and 3,788 square feet in size. Luxe interior features include 10-foot ceilings, terraces running eight-to-ten feet deep, impact-resistant glass windows and sliding doors and floor-to-ceiling glazing. The units come with marble-encased and mosaic-tiled bathrooms and all kitchens have custom cabinets and high-end appliances. Within and around the building, a 20,000-square-foot-plus amenity suite includes the city’s largest private spa with sauna, steam room and massage; multiple pools and poolside resident lounges, a bay-terrace lounge, resident game room, kid’s pool and play areas and pet spa.

For the best remaining residences , contact Andrey at 786-942-0502!!

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