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Brickell Office Building Sale Could Break Records
1 Oct
Summary
- Office building in Miami's Brickell district is up for sale.
- Sale could set a new record for the waterfront neighborhood.
- Brickell is popular with global financial firms.
Owners of a prime office building in Miami's Brickell district are considering a sale that could achieve a record price for the sought-after waterfront area. This neighborhood has become a significant hub for global financial firms seeking a strategic presence.
Monarch Alternative Capital and Tourmaline Capital Partners are reportedly working with Eastdil Secured on the potential transaction. The building's location in Brickell, known for its appeal to international businesses, suggests a high value is anticipated.
The ongoing interest in Brickell underscores its status as a key financial center, attracting significant investment in its commercial real estate sector.
