Kim Flores |
MIAMI, FL, Aug. 4, 2022 – JLL Capital Markets announced today that it has closed the $216 million sale of Mary Brickell Village, a 200,503-square-foot, Publix-anchored mixed-use retail center with an 875-space parking garage in Miami’s dynamic Brickell district.
JLL marketed the asset on behalf of the sellers,
Rockpoint and Ivanhoe Cambridge. RPT Realty acquired the center.
Danny Finkle |
“Mary Brickell Village is one of the most
unique and well positioned retail properties in the country,” said Finkle.
“The
Miami Brickell district has quickly evolved into one of the most dynamic and
exciting places in South Florida, and this 5.2-acre parcel with a variety of
best-in-class retailers and restaurants is in the absolute epicenter.”
Chris Angelone |
The center is complemented by an exceptional roster of high-quality, leading retailers and popular restaurants, including Moxie’s, North Italia, P.F. Chang’s, Shake Shack, Blue Martini, Starbucks, Massage Envy, Candela Gastro Bar and EWM Realty.
Originally
constructed in 2008, the property underwent substantial renovations and
modernizations between 2018 and 2020.
Matthew Lawton |
This
irreplaceable location is at the epicenter of the Brickell District and
surrounded by excellent demand drivers, with 18.4 million square feet of office
space, more than 147,000 daytime employees, over 6,600 hotel rooms and 76,000
residents all within 10 blocks.
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers.
The firm's in-depth local market and global
investor knowledge delivers the best-in-class solutions for clients — whether
investment sales and advisory, debt advisory, equity advisory or a
recapitalization.
Eric Williams |
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JLL, please visit our newsroom.
Contact:
Kimberly
Steele, JLL Sr. Manager, Public Relations
Phone: +1 713 852 3420
Email: Kimberly.Steele@am.jll.com