MIAMI—Last year, I reported about how Coral Gables, FL is gaining office leasing momentum. Now, it seems Miami's Coconut Grove submarket is following suit with investor interest.
Two office buildings in Coconut Grove—Bayview Executive Plaza and Continental Plaza—just traded hands. The total sales price for the two properties is $42 million.
Marcus & Millichap first vice president investments Douglas K. Mandel and Benjamin H. Silver, associate vice president investments, both in the firm's Fort Lauderdale office, represented the seller. They also procured the buyer, Allegra Holding.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
