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| Hermen Rodriguez |
MIAMI, FL –– Holliday
Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of 1221 Brickell, a 408,423-square-foot,
iconic office building in Miami’s Brickell Financial District.
HFF represented the owner
in the sale of 1221 Brickell to Rockpoint Group LLC. Additionally, HFF represented the prior owner
of 1221 Brickell in the 2006 sale to the current joint venture.
1221 Brickell Avenue is
located on the “Main and Main” corner of Brickell Avenue and Coral Way in the
core of Brickell Avenue, Miami’s premier office submarket.
The 26-story tower occupies an entire city
block and is leased to a high-quality roster of local, national and
multinational tenants, including Lydecker Diaz, Regus, Banco Do Brasil, Safra
National Bank of New York and Clyde & Co.
1221 Brickell offers
tenants an array of amenities, including various restaurants, a conference
facility, 24-hour security, dry cleaning service, a 5,000-square-foot daycare
center, ample parking and a car wash facility.
 |
| Manuel de Zarraga |
The HFF investment sales
team representing the seller was led by senior managing director Hermen Rodriguez, executive managing
director Manny de Zarraga, director Ike Ojala, associate director Tracey Good and senior analyst Christina Kong.
“This offering attracted
top domestic and foreign investors as the Miami CBD continues to be a very
sought after market,” stated Rodriguez.
From the beginning of 2016
through first quarter 2017, HFF has closed over $45.3 billion of investment
sales transactions nationally, including approximately five million square feet
of office sales in South Florida.
For a complete copy of the company’s news release,
please contact:
Kristen M. Murphy
Director, Public Relations
HFF | One Post Office
Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 |
Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com
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