Colliers negotiated the sale of a 37,252-square-foot development site known as Block E at 1550 NE Miami Place. In Sign of 'Renaissance Transformation,' Miami Development Site Sells for Nearly $20M
"It's not fun for people who are locally here, but the rents don't seem high coming from New York. In fact, they seem low still. I think until we adjust, it's going to be hard for locals or people who have been here a while," said Colliers executive managing director Mika Mattingly.
May 20, 2022 at 02:48 PM
3 minute read
Commercial Real Estate
Miami's Arts and Entertainment District is capturing the attention of developers and investors as a New York-based developer has bought a development site for $19.75 million.
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