BAYFRONT GARAGE

255 NE 1ST STREET

Downtown Miami, Florida 33130

Colliers’ Urban Core Division team closed on the sale of Bayfront Garage, a 247,000-square-foot garage located in Downtown Miami. Mika Mattingly, Bradley Arendt and Cecilia Estevez represented the seller, Mishorim Real Estate Investments Ltd. The buyer is Bayfront Partners US Limited Partnership, a Canadian-based investment group that acquired Bayfront Parking Garage as a pure income play with the possibility of future development.

Date Sold: 11/1/2020

Sold Price: $25M

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