As expected, Brickell CityCentre, already ginormous at about five city blocks in size, has purchased 700 Brickell Avenue, an unnamed source told the South Florida Business Journal. CityCentre now has (1) a sizable chunk of prime Brickell Avenue property to expand the already mega megadevelopment, (2) a Brickell Avenue address, and most importantly (c) a giant new front door with the aforementioned Brickell Avenue address. They paid a pretty penny for it too, beating out Related Group and Fortune International who were also bidding for it, to the tune of $65 million.
· Swire wins deal on 700 Brickell Ave. land with &65 million [SFBJ]
· 700 Brickell coverage [Curbed Miami]