The Real Deal Miami

Portion of Aventura office center sold for $9M

Buyer will begin construction of a hotel
By Katherine Kallergis | December 26, 2014 03:00PM

A portion of an Aventura office center was sold for nearly $9.4 million last week. 

ACC GP Development LLC sold an undeveloped portion of the park to Norwich Aventura II LLC on Dec. 16, according to county records.

Aventura Corporate Center is located at 20801 Biscayne Boulevard on 6.4 acres.

According to the property deed, the buyer will begin construction of a hotel, with at least 230 guest rooms or suites, within 12 months — at a quality level equal to, or greater than, an AAA rating of three diamonds. — Katherine Kallergis