Swire Properties Inc, one of South Florida’s leading international developers of real estate, today announced the acquisition of 700 Brickell Avenue, a property long occupied by the Florida headquarters of Northern Trust Bank.
Swire Properties won the heated bidding for the 700 Brickell site in Miami for $65 million, according to sources who asked not to be named.
Ten-Story building Concorde Centre II has been sold for an unspecified amount and is being renamed Aventura View.
Investor Sells 106,000-SF Office Tower
A joint venture has acquired the Concorde Centre II office building in Aventura for an undisclosed amount.
In a JV, Steelbridge Capital and a real estate investment fund managed and advised by affiliates of Apollo Global Real Estate Management have acquired Concorde Centre II, the largest office purchase in Aventura, Fla. this year.
MIAMI-Concorde Centre II, a 10-story, 106,500-square foot office building in Aventura, has traded.
A Steelbridge Capital joint venture has purchased the 106,500-square-foot Concorde Centre II office building in Aventura.
Steelbridge Capital, a value focused real estate investor based in Miami, and a real estate investment fund managed and advised by affiliates of Apollo Global Real Estate Management, L.P., today announced the joint venture, off-market acquisition of Concorde Centre II, a ten-story, 106,500 square foot office building in Aventura.