The Security Building
117 North East 1st Avenue, Miami, Fl
Submarket : Downtown Miami
Size: 96,575 square feet Type: Office Date Acquired: June 2015 In a partnership with Turnbridge Equities, Maxwelle Real Estate and Avenue Property Group, RB Green companies acquired the Security Building in June of 2015. Prior to acquisition, the building was comprised of 60 separate condominium units, most of which were residential. The partnership acquired 55 of the 60 condominium units, which allowed for the condominium regime to be dissolved. Post-acquisition, we acquired the remaining five condominium units and subsequently secured a 15-year full-property lease with the industry's premier shared workspace provider, WeWork. |