Raychel Lean is ALM's Florida bureau chief, overseeing the Daily Business Review. Email her at [email protected] or follow her on Twitter via @raychellean.
The buyer said in a press release that Mary Brickell Village "provides for compelling value-creation opportunities as the site's zoning allows for the potential to develop up to 80 stories or 4.1 million square feet which could consist of residential, office and hospitality."
"Miami is so well-known for its diverse population, exciting attractions and beautiful beaches. But just as impressive is the flourishing business community the city has created."
"When considering relocation, we prioritized a space that allowed for continued and sustained growth and served as a physical representation of Reed Smith's reputation in the market — thriving, soaring, energetic and well-connected."
All eyes are on the South Florida's real estate market as companies large and small from across the country relocate or expand to enjoy its sunny climes…
The COVID-19 pandemic has wreaked many forms of havoc, but the industrial sector is not among the casualties. In fact, a year-plus of social distancing…