Related Group lists downtown Miami HQ

Developer is moving to Coconut Grove

TRD MIAMI /
Dec.December 06, 2019 11:30 AM
Related Group building at 315 Biscayne Boulevard and Jorge Pérez (Credit: Google Maps)

Related Group building at 315 Biscayne Boulevard and Jorge Pérez (Credit: Google Maps)

The Related Group is ready to sell its headquarters in downtown Miami.

The Miami-based developer, known as the biggest condo builder in South Florida, listed its 35,341-square foot headquarters at 315 Biscayne Boulevard. It’s on the market unpriced.

Related occupies the office space in the building and will move out by the end of 2020, according to a release. Related previously announced it was moving to Coconut Grove.

CBRE’s Christian Lee and Jose Lobón are listing the building, while CBRE’s Maggie Kurtz and Kevin Gonzalez are handling office leasing.

Stephen Rutchik of Colliers International South Florida, who is not involved in the deal, said a possible buyer could be a hedge fund or investment firm, both of which are deciding to relocate to South Florida for the tax benefits.

The four-story building includes 9,243 square feet of restaurant space, occupied by Wolfgang’s Steakhouse, and 26,098 square feet of office space on the third and fourth level, currently available for lease.

The property was built in 2005 and designed by Arquitectonica. It’s near the construction site of Aston Martin Residences and the Epic.

The prolific condo development firm has diversified in recent years, expanding its affordable housing arm, growing its multifamily and mixed-use divisions, and heading to the Southwestern U.S.


Related Articles

arrow_forward_ios
Placeholder image

Miami board approves plans for Related, Crescent Heights towers and rejects Melo’s proposal

Miami board approves plans for Related, Crescent Heights towers and rejects Melo’s proposal
Jon Paul Perez and Russell Galbut with renderings of the projects

Related, Crescent Heights and Melo Group seek approval for Miami projects

Related, Crescent Heights and Melo Group seek approval for Miami projects
Domio Wynwood, Gustavo Miculitzki, and Jon Paul Pérez (Credit: Alberto Tamargo/Getty Images)

Related lists Domio Wynwood apartment-hotel for sale with whisper price of $90M

Related lists Domio Wynwood apartment-hotel for sale with whisper price of $90M
From left: Jorge Pérez, Stuart Miller, Craig Robins, Louise Sunshine, and Russell Galbut,(Credit: Patrick McMullan via Getty Images)

Here are the South Florida real estate players who donated to candidates in 2020

Here are the South Florida real estate players who donated to candidates in 2020
Mark M. Rubin & Howard M. Lorber

Movers & Shakers: Related taps Douglas Elliman for condo sales & more

Movers & Shakers: Related taps Douglas Elliman for condo sales & more
Blackstone's Jonathan Gray and Stephen Schwarzman (Getty, iStock)

Blackstone to open office in South Florida

Blackstone to open office in South Florida
Jorge Perez, Mario Procida, and Lewis Swezy (Credit: Sergi Alexander/Getty Images)

Miami-Dade approves three affordable housing redevelopment projects for south Dade

Miami-Dade approves three affordable housing redevelopment projects for south Dade
Jared Galbut, Bodega Taqueria

Menin plans major expansion of Bodega Taqueria

Menin plans major expansion of Bodega Taqueria
arrow_forward_ios

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

Loading...