The Chicago-based developer is partnering with Key International on a 750K SF tower after Citadel dropped them from its plan to build an office in Brickell.
Key International is planning to replace a 13-story office building with a 50-story tower in one of Miami's most expensive neighborhoods.
Morning Calm Management and an unnamed partner acquired 701 Brickell Ave. from Nuveen, while only $305M in total office had sold in the year through June.
The Madrid-based bank is planning a 1.6M SF tower with around 800K SF of office space at 1401 Brickell Ave. in Miami's financial district.
South Florida-based developers Related Group and Integra Investments secured the construction loan from Tyko Capital for its planned 152-unit condo tower.
The largest owner of U.S. malls bought the 75% majority stake in the 500K SF Miami retail property and its parking garage.
WPP is moving its Miami operations to a WeWork space.
The GSA is offloading Miami's Brickell Plaza to downsize federal real estate.
Developers land South Florida's largest C-PACE loan to build Brickell condo tower.
Henry Bott moved to Miami from the UK to take the president role in 2023.
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