Dadeland Towers North

Acquisition Opportunity   Development Strategy    Results Targeted

  
 Three building, 244,224 square foot office complex comprised of Class “C” office space with redevelopment potential
 Ideally situated between the north and southbound lanes of the Palmetto Expressway, just west of US Highway 1 and minutes from downtown Miami and the airport
 Identified a motivated seller who owned an underperforming asset



 
 Reposition to a higher asset class with major capital improvements
 Redevelopment to include all new glass curtain wall, main lobbies, corridors, elevator cabs, roofs, chillers and cooling towers, repaving the parking lot, painting the exterior and improving the landscaping
 Create on-site management office and marketing suite to attract leasing activity



 Create an institutional grade Class A asset and attract marquis tenants
 Lease up the remaining 30% vacancy and stabilize the property in order to sell or refinance the asset


       
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