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."
County offers 99-year ground lease for 17-acre Government Center site in Downtown Miami.
Still, Newmark reports that pricing for R&D assets hit record highs in the first half of the year.
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