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Brickell Office High-Rise Commands $117M
Oct 05, 2018
In what evidently is one of the larger office building transactions in South Florida so far in 2018, a joint venture of Banyan Street Capital, Independencia Asset Management and Crocker Partners has sold Miami’s Brickell City Tower. CBRE Capital Markets represented the sellers in the deal.
The buyer was not officially disclosed, but the South Florida Business Journal reported that the buyer was Madison-OFC Brickell FL LLC, an affiliate of New York Life, and that the purchase price was $117.3 million.
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