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| Flagler Street Foot Locker Building, 38 East Flagler Street, Miami, FL |
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| Ryan Shaw |
MIAMI, FL, Dec. 9, 2013 – Marcus & Millichap Real Estate
Investment Services, the nation’s largest real estate investment services firm,
has received the exclusive listing for a 32,838-square foot, mixed-use building
with ground floor retail in downtown Miami, FL.
The impressive redevelopment opportunity is priced at $5
million.
Ryan
Shaw, a Senior Associate in Marcus & Millichap’s Miami office, is representing
the seller, a limited liability company from Massachusetts.
“This is an excellent redevelopment opportunity in downtown
Miami’s central business district,” says Shaw.
“Neighboring properties include Macy's department store,
Miami-Dade County Courthouse and the Seybold Building Diamond Center.
+22+east+flagler+st..jpg) |
| Macy's Department Store, 22 East Flagler Street Downtown Miami, FL Formerly Burdines Department Store Building |
“Miami's Downtown People Mover station is one block away and
two blocks west are three new condominium projects that are mostly
occupied. The property allows for
high-rise redevelopment of approximately 385 units and a maximum height of 80
floors,”
The two-story, mixed-use building is currently 100 percent
occupied by Foot Locker. The Flagler
Street Foot Locker building is located at 38 East Flagler Street in
Miami.
For a complete copy of the company’s news release, please
contact:
Kirk Felici
Vice President/Regional Manager
Miami, FL
(954) 245-3400
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