The Real Deal Miami

Legal Aid Organization Sells Miami HQ for $19M

Buyer to convert Edgewater site into 227 residential units
November 26, 2014 04:30PM

legal servicesLegal Services of Greater Miami Inc. sold the 57,000-square-foot Miami building it has been headquartered in for two decades for $19.2 million.

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