Contact Us
How Can We Help You?

Please, leave us your message.

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.
Real Estate

Big Things Miami 28.10.22

By
Cashflow In Miami
on
October 25, 2022
Aventura View $51 million sale.
2999 NE 191st Street, Aventura, Fl 33180.

Related Group and BH Group paid $51 million for an Aventura office tower, and they’re working on plans to build more on the site.

Cofe Cix Aventura LLC, an affiliate of Miami-based Cofe Properties, sold the 107,000-square-foot Aventura View building, at 2999 N.E. 191st St. Miami-based Ocean Bank provided a $35 million loan to the buyer. The price equated to $477 a square foot, but the site has additional value as a development opportunity.

The 10-story building last traded for $38 million in 2015. It was built on the 4-acre site in 1988 and located just south of Aventura Mall.

Meanwhile, Related Group and BH Group hired Miami-based architecture firm Arquitectonica to design a mixed-use project that would rise on the site’s parking lot. While the details have yet to be finalized, the new building would include Class A office space, luxury residential units, ground-floor retail and restaurant space, high-end amenities and a parking garage.


900 S Federal hwy, Hallandale Beach
Site for a failed condo/hotel development changes hands!

The Development Site property located in Hallandale Beach that spans 64,777 square feet sold for $26,000,000 or $401 PPSF. Waiting on the new plans to be announced.

...
No items found.