The Real Deal Miami

Miami commercial space sells for $14.7M

October 20, 2008 06:49PM

Real estate developer Jain Avra and partner Peter Schwalbe paid $14.7
million for the commercial portion of the Marina Blue tower at 888 Biscayne Boulevard in Miami. The space includes 40,225 square feet divided into 23 commercial condos. The commercial section of Marina Blue has not yet been completed, but construction on the residential portion has been finished.