Flow affiliate sells unfinished Miami Worldcenter office, retail building for $27M
An affiliate of Adam Neumann’s Flow sold an unfinished three-story retail and office building at Miami Worldcenter for $26.6 million, marking the third site within the mixed-use mega-complex to trade this year. Daniel Cardenas and Michael Sullivan, of retail leasing brokerage and development consultancy Vertical Real Estate, and Brazilian investor Gustavo Agostini bought the 0.6-acre property at 711 North Miami Avenue, according to a news release from Cardenas and Sullivan. The pair bought the building as a personal investment separate from Miami Beach-based Vertical Real Estate, which was co-founded by broker Lyle Stern in 2023. The seller is MWC Block […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Nobu co-founder buys Delray home, developer sells Bear’s Club mansion for $34M
European hedge fund Brevan Howard leases Miami office amid flock of newcomers
Miami design board swoons over OKO Lilli, 13th Floor’s Nobu condo towers
Palm Beach County nixes proposed Project Tango data center
Florida’s largest Live Local Act project is bold. Its ambitious developer is controversial
Billionaire Ken Griffin eyes city-owned Brickell property in $3M deal
South Florida’s top deals: Waterfront Key Biscayne home sells for $18M
Saudi Arabia opens property ownership portal to foreign buyers
Florida home sales gain momentum, extend growth streak to 10 months
Mature trees can add to resale value, agent says
