Renaissance Qualities NY offered the Aventura Corporate Heart for $140 million to a New York-centered financial commitment team that strategies to create an addition, The True Offer has uncovered.

New York-based Renaissance, led by Kenneth, Bradley and Robert Fishel, sold the 3 Course A place of work buildings and garages at 20801, 20803 and 20807 Biscayne Boulevard to Aventura Possibility Operator LLC. The buyer, a Delaware entity, lists a New York tackle.

The sale marks just one of the greatest in Aventura in the latest years.

Maria Gomez of Florida Realty of Miami represented the vendor, and Liza Hernandez of PMG Household introduced the purchaser.

The 8.7-acre property contains land that the customer strategies to produce into a challenge with office, restaurants and other works by using, according to a launch. Zyscovich Architects is building the addition.

The complicated, with two 5-story structures and just one six-story developing, earlier marketed in 2016 for $105.3 million. It was made concerning 1986 and 2007.

Tenants contain Morgan Stanley, South Broward Hospital, Regus, Coldwell Banker, Keller Williams and the Miami Realtors Association. It is absolutely leased.

The home is within strolling distance of Integra Investments’ Aventura ParkSquare and neighboring developments, which include the AC Lodge by Marriott.

Modern business office deals in Aventura include things like investor Grant Cardone’s $93 million order of the Harbour Centre at Aventura place of work sophisticated.