Miami / South Florida · Brickell submarket · Illustrative example
The Brickell Avenue Trophy
A 1990s tower, repositioned for the next decade.
Office — Class A trophy
Overview
Walk Through the Property
Matterport · Interactive 3D Tour
Click and drag to walk through. Tap dollhouse view (top-left) to see the floor plan. Sample tour shown — replaced with property-specific scan when scheduled.
Class A trophy at sub-replacement basis.
Brickell's daytime workforce density grew 18% over the last five years; supply pipeline is constrained — only one new office tower has broken ground since 2022.
Building was renovated in 2018 (lobby, elevators, base building) but never aggressively repositioned. New ownership can capture mark-to-market on rolling leases (28% spread to current asking rents in submarket) and reposition lobby/amenities for tenant flight-to-quality demand.
Comparable trophy buildings on Brickell trade at $420-480/SF; current pricing represents 28-37% discount on a replacement-cost basis.
Illustrative example. Not a real listing. Used to demonstrate the marketing methodology applied to every assignment across our Florida focus markets.