Miami’s $443M Office Sale and Amazon’s Seaport Move: Real Estate Trends Unpacked

Simply Commercial Real Estate

In this episode, we explore the landmark $443 million sale of 701 Brickell, marking the second largest office transaction in Florida's history, and discuss the implications for Miami's real estate market. We also delve into Amazon's delayed move into its new Seaport District tower, highlighting shifts in corporate work culture and sustainable building practices. Additionally, we cover a hazmat incident in Commerce that led to evacuations and a new multi-use commercial space coming to Cherokee County, showcasing the evolving landscape of urban development and community needs.
Sources:
https://www.prnewswire.com/news-releases/jll-arranges-443m-sale-of-701-brickell-second-largest-office-sale-in-florida-history-302270565.html
https://www.bizjournals.com/boston/news/2024/10/08/amazon-moving-new-seaport-tower-2027.html
https://www.cbsnews.com/losangeles/news/commercial-buildings-evacuated-in-commerce-hazmat-incident/
https://www.tribuneledgernews.com/local_news/multi-use-commercial-space-coming-to-cherokee-county/article_825584fa-803c-11ef-8a3c-0730b342de57.html
Outline:
(00:00:00) Introduction
(00:00:44) JLL arranges $443M sale of 701 Brickell, second largest office sale in Florida history
(00:03:32) Amazon to move into new Seaport tower in 2027
(00:07:11) Commercial buildings evacuated in Commerce hazmat incident
(00:09:24) Multi-Use Commercial Space Coming to Cherokee County