Downtown Miami Office Building Trades For $399 PSF

Kilstock Organization, Inc. and Arkadia Property Group acquired the Dade County Recorder building at 22 NW 1st St. – Courthouse Miami East in Miami, from Courthouse Realty Corporation for $22 million, or about $399 per foot.
The historic office building, delivered in 1924, totals 55,100 square feet and is occupied by the Dade County Court.
Jordan Gimelstein of Whitehall Realty Advisors represented the seller. David Spitz of Whitehall Realty Advisors represented the buyer.
 
Source:  CoStar
 

 

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