The property, located at 3000 Biscayne Boulevard, was reportedly purchased by 3000 Property LLC, a company managed by executives at real estate firm Crescent Heights. The agency used Continental Real Estate Cos. as its broker.
The Edgewater site will be converted into 227 residential units by the buyer, according to the Daily Business Review. CREC is in the process of finding new office space for the agency, which has a year to move out of the space, DBR reported. [Daily Business Review] – Heather Grossmann