Marc Anthony-Linked Company Spends $288 PSF On Miami HQ For New Media Company
A company linked to Latin pop superstar Marc Anthony paid $1.98 million for a fully-furnished office building in the unincorporated Pinewood area of Miami-Dade County last week.
That’s about $288 per square foot.
The three-story building will serve as headquarters for a Latin-centered media company the singer launched earlier this spring, according to a source with knowledge of the deal.
The building, at 656 NW 98th St. in Miami, has about 6,900 square feet of space. It was built in 2012.
The buyer is a company controlled by Henry Cárdenas, a Chicago-based Latin music executive, county records show. Cárdenas and Marc Anthony run a charitable foundation together. Broker Cyril Bijaoui of Westside Estate Agency represented the buyer.
The seller, a local company called Romia Properties, originally listed the property for $2.14 million.
Source: Miami Herald
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