The mixed-use property located at 1759 Purdy Avenue in Miami Beach features an office asset type with a total square footage of 17,708. The property is developed by Deco Capital Group and RWN Real Estate Partners, and is situated in a prime Sunset Harbour location, boasting premium amenities.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: Not disclosed
• Address: 1759 Purdy Avenue
• Market: Miami Beach
• Landlord: Bradley Colmer - Deco Capital Group; Ari M. Shalam - RWN Real Estate Partners
• Landlord's Representative: Stephen Rutchik - Colliers
• Tenant: Michael Arougheti - Ares Management Corp.; Undisclosed family office
• Tenant's Representatives: Barbara Black & Jeffrey Gordon - CBRE

Colliers secured two leases with Ares Management Corp. and an undisclosed family office that constitute the total square footage, achieving full occupancy for the Class A+ boutique office building. The new tenants will join existing ones, including Pretium Partners, Audemars Piguet, GFL Environmental, Lamborghini, Uchiko, and Kitson Yachts.