Acre Off Miami's Brickell Goes for $31 Million
TSG Group takes over the property next to the Infinity at Brickell condo tower and could pursue redevelopment.
August 15, 2017 at 10:00 AM
3 minute read
TSG Group, a real estate development and investment company, has purchased a developed acre off Miami's Brickell Avenue for $31.75 million.
The 44,575-square-foot property at 1399 SW First Ave. sits next to the 56-floor Infinity at Brickell condominium tower, which values the property at just over $31 million an acre.
The office of the Consulate General of Mexico occupies 23,000 square feet in a 34,935-square-foot office building on the site.
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