Office condo tops off after 80% of the units sell

Miami /
Apr.April 08, 2017 10:00 AM

Updated, 1:30 p.m. May 24: Construction crews topped off a 16-story office condominium in Coral Gables called Ofizzina after the co-developers sold 80 percent of the units.

Co-developers TSG and BF Group expect Beauchamp-Ocean Contractors to finish construction of the condo office building in fall.

The development at 1200 Ponce de Leon Boulevard will have 54 offices, three ground-floor spaces for retail stores and 300-plus parking spaces.

One Sotheby’s International Realty agents Saddy Delgado, Lourdes Alatriste and David Carrion-Levy were tapped to sell the remaining $21 million worth of inventory, which includes the 11th floor, two mezzanine units, two suites and two retail spaces – all totaling more than 27,000 square feet.

The architectural design of Ofizzina by Corwil Architects will feature a classic Mediterranean façade. MKDA  designed the interior common areas.

“We are proud to reach this pinnacle milestone, bringing us one step closer to unveiling Ofizzina,” Camilo Lopez, CEO and managing partner of TSG, said in a prepared statement. “Our vision was to move beyond the traditional meaning of the nine-to-five workplace.”

The property’s amenities will include a private rooftop lounge, an espresso bar, a fitness center and electric vehicle charging stations.


Related Articles

arrow_forward_ios
Sergio Pino of Century Homebuilders Group and the church (Century Homebuilders, Facebook via St. James Evangelical Lutheran Church - MIAMI FL)
On holy ground: Sergio Pino’s Century Homebuilders plans apartments, school on Coral Gables church site
On holy ground: Sergio Pino’s Century Homebuilders plans apartments, school on Coral Gables church site
Terranova scores $55M refi of Miracle Mile portfolio in Coral Gables
Terranova scores $55M refi of Miracle Mile portfolio in Coral Gables
Terranova scores $55M refi of Miracle Mile portfolio in Coral Gables
Malibu firm picks up mobile home parks near Coral Gables for $50M
Malibu firm picks up mobile home parks near Coral Gables for $50M
Malibu firm picks up mobile home parks near Coral Gables for $50M
American Commercial Realty buys North Palm Beach property for $36M
American Commercial Realty buys North Palm Beach property for $36M
American Commercial Realty buys North Palm Beach property for $36M
IMC Equity grabs another Hialeah office building for $15M
IMC Equity grabs another Hialeah office building for $15M
IMC Equity grabs another Hialeah office building for $15M
Denver and Miami firms team up on $73M Doral office park acquisition
Denver and Miami firms team up on $73M Doral office park acquisition
Denver and Miami firms team up on $73M Doral office park acquisition
Canadian firm buys Pompano Beach apartments as part of $3.6B Greystar sale
Canadian firm buys Pompano Beach apartments as part of $3.6B Greystar sale
Canadian firm buys Pompano Beach apartments as part of $3.6B Greystar sale
Brookfield pays $8M for office building in Boca’s Park at Broken Sound
Brookfield pays $8M for office building in Boca’s Park at Broken Sound
Brookfield pays $8M for office building in Boca’s Park at Broken Sound
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...