The buyer said in a press release that Mary Brickell Village "provides for compelling value-creation opportunities as the site’s zoning allows for the potential to develop up to 80 stories or 4.1 million square feet which could consist of residential, office and hospitality."
Using Altus Power, the company will expand in the US and into Europe.
Demand, room rates, revenue, sales performing well, Marcus & Millichap reports.
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