Tourmaline Capital Partners & Monarch Alternative Capital Acquire 801 Brickell Avenue Office In Miami For $250M

The property involved in this transaction is located at 801 Brickell Avenue in Miami. It is an office space with a total area of 411,613 square feet. The property was sold for a price of $250,000,000, resulting in a price per square foot of $607.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $250,000,000
• Address: 801 Brickell Avenue, Miami
• Market: Miami
• Square Footage: 411,613
• Price per Square Foot: $607

Tourmaline Capital Partners and Monarch Alternative Capital were the buyers in this transaction, while Nuveen acted as the seller. The seller's representatives included Benjamin Lushing, Adam Spies, and Marcella Fasulo from Newmark, as well as Dominic Montazemi, Mike Davis, and Miguel Alcivar from Cushman & Wakefield.