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"Wynwood has established itself as the creative hub of Miami and is recognized globally as a premier destination for art, fashion, innovation, and creative enterprise."
The firm, currently headquartered at 2905 Northwest Blvd in Plymouth, MN, states that it will begin renovating the Crest Ridge building in early 2020. Its preliminary plan calls for Dominium to occupy approximately half of the 120,000 square foot building.
The properties sold include retail stores, a distribution facility and office space. Bed Bath & Beyond will continue to occupy these properties pursuant to long-term leases.
Kiewit Engineering Group Inc. has leased 171,266 square feet at Energy Center I at 585 N. Dairy Ashford in Houston's Energy Corridor submarket, and the move is planned for July 2020.
Soon to be redeveloped as class-A boutique office, 464 Bailey Ave., the largest office project in the area since the 130,000-square-foot Regions Bank Building was constructed in 2016, is already 50% preleased.
Cohen is EVP, chief administrative officer and general counsel of MacAndrews & Forbes Inc. of New York City. Cohen previously served as secretary to New York Governor Andrew Cuomo, as well counselor and chief of staff in the Office of the New York Attorney General under Attorney General Cuomo.
The experience and skills that Will and Baltus bring to Drawbridge will be valuable in helping the firm seek out, acquire and manage desirable investment properties throughout the United States.