Amancio Ortega closes on Brickell tower for $274M –– biggest South Florida office deal this year
Spanish billionaire Amancio Ortega completed his $274.4 million purchase of Sabadell Financial Center in Brickell, marking the biggest office deal in South Florida so far this year. Ortega’s Ponte Gadea investment family office bought the 30-story tower at 1111 Brickell Avenue in Miami from New Yor
Conflict on Brickell Key: Planned $34M seawall project raises concerns over who’s paying the bill
When Emelia Arencibia moved to Brickell Key in 2016, she thought that her one-bedroom condo would mark her final home. Then, she had to cover her share of a large assessment to pay for upgrades and repairs to her building after the deadly Surfside condo collapse in 2021. Arencibia’s share of the as
River Oaks dives into Miami Design District with $27M retail buy
Nine months after planting a flag in South Beach, River Oaks Properties is now staking its place in the Miami Design District. An affiliate of El Paso, Texas-based River Oaks, led by President Adam Frank, paid $27 million for a retail building at 111 Northeast 40th Street, records show. The propert
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