Saturday, November 08, 2014

Plans to build a 372 units rental complex in Brickell

 Developer pays $20M for Brickell apartment site

An affiliate of Alliance Residential purchased a 1.9-acre site in Miami's Brickell area to build an apartment complex.

Miami Sunrise Properties, managed by Elena Arechaga, received $20.23 million for the property from Broadstone at Brickell, an affiliate of Phoenix-based apartment builder Alliance Residential. It plans a 372-unit rental complex there.

The property runs along Southwest Third Avenue from Southwest 11th Street to Southwest 10th Street. It currently has small multi-family buildings.

It' is two blocks west of the Brickell Metro Mover Station.

Read in the South Florida Business Journal, Nov 7, 2014.

For more information, or to make a reservation
Call Henry B. Nathan – (800) 416-2747   (954) 296-6741
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