Morning Calm Management has paid $443 million, or $646.45/sf, for the 685,279-square-foot 701 Brickell office building in Miami’s financial district. The Boca Raton, Fla., investment manager purchased the 33-story property from Nuveen Real Estate, which had acquired it in 2002 for $172.1 million. JLL Capital Markets brokered the latest transaction. The 701 Brickell building serves as […]
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