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.
Categories
Recent Posts
Tribal knowledge built this business. It can’t carry it.
The timing tax: How America’s rent calendar punishes the workers it should protect
Why your best agents leave (and the conversations you should be having now)
How much will mortgage rates fall with the Iran deal and Fed week?
Inside the Biggest Celebrity Real Estate Dramas—From Ivanka and Jared’s $1.4 Billion Resort Uproar to Katy Perry’s Montecito Mansion Fight
The $5,000 Hidden Summer Fee Owners of Older Homes Forget To Budget For
Louisville Sees 33% Surge in Homes on Market as Sellers Flood Back In
South Florida Dirt: Inside the first week of broker George Pino’s trial
Glass-Walled House Perched on a Giant Lakeside Rock Makes It Feel Like You’re ‘Living in the Water’
Why the Luxury Golf Club Lifestyle Has Become the Ultimate Real Estate Status Symbol
GET MORE INFORMATION
Stevan Stanisic
Real Estate Advisor | License ID: SL3518131
Real Estate Advisor License ID: SL3518131