Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A
Asking Price Contact for pricing
NOI Net Operating Income N/A
Cap Rate N/A

Documents

Enter the "Deal room" for exclusive documents related to this property.

The Deal Room features confidential documents related to this property. To access the Deal Room, you will need to be logged in. If you don't have an account, please create one. More questions? Visit our FAQ.
I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. Approval for Deal Room access requires review by our Broker Team. You will be notified by email once your access is granted. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.
I accept the confidentiality agreement I accept the confidentiality agreement
Create an account on the Investor Center to save your search and investment preferences, save and share opportunities, access exclusive documents, and more. More questions? Visit our FAQ. You'll need to sign a Confidentiality Agreement (CA) to access exclusive documents in the Deal Room. Signing the CA means you agree not to divulge or release sensitive information related to this property. More questions? Visit our FAQ.

Key Facts

Building Area

Property Description

Jones Lang LaSalle (“JLL”) is pleased to exclusively offer the opportunity to acquire 1688 Meridian (the “Offering” or the “Property”), a boutique Class A, 88,419 SF creative office tower and two land parcels of 0.2 acres and 0.4 acres, in the heart of Miami Beach, Florida. 


Prominently located steps away from Lincoln Road, the Property stands out as a rare value-add investment opportunity with significant leasing and development upside. Rarely do offerings with this potential become available, especially in a market such as Miami Beach, where real estate rarely changes hands and is often passed down from one generation to the next.

Investment Highlights

  • Exceptional Creative Office Value-Add Opportunity
  • Located in The Hottest City in the World!
  • Weighted Average Lease Term of 6.0 Years
  • Recent Renovations Drive Leasing Momentum
  • Landmark Corner Property – Excellent Visibility, Access, and Parking
  • Supply Constrained, Ultra High Barrier to Entry Market
  • Walking Distance to The Culinary Epicenter of Miami
  • Potential for Office Condo Exit
Last Updated Date: 13 Apr 2021
Ike Ojala
Ike Ojala
Managing Director, Capital Markets
Broker Licenses
FL-BK665573
Hermen Rodriguez
Hermen Rodriguez
Senior Managing Director, Capital Markets
Broker Licenses
FL-SL3018820

Please enter your corporate email account in the email field. We may not be able to reply to your personal email account or free email address such as Gmail or Yahoo Mail.

There was an error submitting your request. Please try again, or submit you inquiry here.

 

PRIVACY NOTICE

Jones Lang LaSalle (JLL), together with its subsidiaries and affiliates, is a leading global provider of real estate and investment management services. We take our responsibility to protect the personal information provided to us seriously.

Generally the personal information we collect from you are for the purposes of dealing with your enquiry.

We endeavor to keep your personal information secure with appropriate level of security and keep for as long as we need it for legitimate business or legal reasons. We will then delete it safely and securely. For more information about how JLL processes your personal data, please view our privacy statement.

Last Updated Date: 13 Apr 2021

Do you have any questions?  Visit our FAQ page

The value of trust beneficiary rights fluctuates due to fluctuations in the price of real estate, and there is a risk of falling beyond the investment principal. Real estate prices are fluctuated by changes in the population of the area in which they are located and the number of newly supplied properties, fluctuations in interest rates and exchange rates, changes of tax system, loss/damage due to natural disasters such as earthquakes, deterioration over time, and the discovery of hidden defects such as soil pollution.

Please go to the below link for our commitment to compliance (Japanese only).

https://www.joneslanglasalle.co.jp/ja/compliance-with-laws-and-regulations-and-its-representation

JLL  financing

JLL can help you finance and manage your portfolio.
Email us today to see how we can help achieve your ambitions.