DWNTWN Realty Advisors recently closed the $8.095M sale of the iconic Coppertone Building, a 21,454-square-foot fully leased office property at 7300 Biscayne Boulevard. The mid-century landmark transaction demonstrates continued investor confidence in Miami's MiMo District commercial corridor.
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DWNTWN Realty Advisors announces the successful completion of an $8.095 million Miami office building sale, marking a significant milestone in the city's commercial real estate sector. The historic Coppertone Building, located at 7300 Biscayne Boulevard in the vibrant MiMo District, spans 21,454 square feet and represents a prime example of mid-century architecture adapted for modern commercial use.
The transaction involved the sale of the fully leased office building from Greenstreet Partners to Ideal Capital, highlighting the continued investor interest in Miami's historic commercial properties. Concurrently with the sale announcement, DWNTWN Realty Advisors has released an in-depth case study examining the strategic approach that led to the successful transaction.
"This sale exemplifies the enduring appeal of Miami's historic commercial properties and their potential for modern adaptation," says Devlin Marinoff, Managing Partner at DWNTWN Realty Advisors. "The Coppertone Building's location in the MiMo District, combined with its strong tenant base and development potential, created an exceptional investment opportunity for our client."
Key aspects of the transaction include:
- Prime location along Biscayne Boulevard, a major Miami commercial artery
- Fully leased property with NNN lease terms
- Significant development potential within Miami's growing office market
- Historic designation in the sought-after MiMo District
- Proximity to Midtown, Edgewater, and the Design District
The accompanying case study, published on miamicrebrokers.com, delivers a comprehensive analysis of the transaction. The detailed report examines current market dynamics within Miami's office sector, outlines strategic approaches for marketing historic properties, explores valuation considerations for mixed-use developments, and assesses future growth potential within the MiMo District. This in-depth analysis serves as a valuable resource for investors and stakeholders interested in Miami's evolving commercial real estate landscape.
"Our team's deep understanding of Miami's commercial real estate landscape enabled us to position this property effectively and secure optimal terms for all parties involved," adds Marinoff. "The comprehensive case study we've developed shares valuable insights into the complexities of marketing and selling historic commercial properties in Miami's evolving market."
Looking ahead, DWNTWN Realty Advisors anticipates continued strong interest in Miami's office and mixed-use properties, particularly those in historically significant locations. The firm maintains its commitment to providing detailed market analysis and strategic guidance to investors interested in Miami's commercial real estate opportunities.
Interested parties can access the full case study and transaction details by visiting https://miamicrebrokers.com/miami-office-building-sale-coppertone-building/
About DWNTWN Realty Advisors: DWNTWN Realty Advisors specializes in high-value commercial real estate transactions throughout Miami's urban core. The firm combines deep market expertise with strategic marketing approaches to connect investors with premium commercial property opportunities. With a focus on historic and mixed-use properties, DWNTWN Realty Advisors has established itself as a leading force in Miami's commercial real estate sector, particularly in handling complex transactions involving landmark properties and adaptive reuse opportunities. For more information, contact the team at: https://dwntwnrealtyadvisors.com/contact/join
Contact Info:
Name: Ed Winslow
Email: Send Email
Organization: US Commercial Lending
Address: 135 West 36th Street, New York, NY 10018, United States
Phone: +1-203-912-7244
Website: https://uscommerciallending.com
Source: PressCable
Release ID: 89145262
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