Tuesday, March 19, 2013

Miami's Brickell Bayview Centre Sold for $70M




National Commercial Real Estate News From CoStar Group





Miami's Brickell Bayview Centre Sold for $70M



Colony Realty Partners has sold the Brickell Bayview Centre at 80 SW 8th St. in Miami, FL to a group of investors led by Banyan Street Capital and including Crocker Partners LLC and Chilean investment fund Independencia, for $70 million, or about $245 per square foot.

The 33-story, 285,595-square-foot, landmarked office tower was built in 1986 on 2.4 acres in the Brickell Financial District submarket of Miami/Dade County, next to Mary Brickell...









WeWork Signs 121,000-SF Lease in NYC



Leading collaborative work space provider WeWork has signed a 16-year lease deal for 120,537 square feet spanning eight full floors at 222 Broadway.

The 32-story, 756,138-square-foot, class A modernist office tower was built in 1961 on three-quarters of an acre in Lower Manhattan's Insurance District submarket, between Fulton and Ann Streets just blocks from the Fulton Street Transportation Center and Calatrava Path Station at the World Trade Center...






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