A Deutsche Bank subsidiary spends $533 per square foot for the 800 Brickell Ave. office building.
May 12, 2015 at 01:00 PM
1 minute read
The 15-story Miami office building at 800 Brickell Ave. traded for $111.6 million to RREEF Property Trust, Deutsche Bank’s real estate investment management business, seller Stiles Corp. announced Tuesday.
The price works out to about $533 per square foot for the 209,122-square-foot building with a glass facade and the highest parking ratio—2.7 spaces per 1,000 square feet—on crowded Brickell Avenue.
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