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Courvoisier
Centre Brickell Key
601 / 501 Brickell Key
Drive Miami, FL 33131
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| Courvoisier
Centre Brickell Key - office building |
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Courvoisier
Centre office building, a pair of Class office buildings
on exclusive Brickell Key in Miami's prestigious Brickell
submarket overlooking Biscayne Bay in the Brickell
submarket of Miami. It is located on exclusive Brickell
Key, a gated island community of luxury Condominiums,
retail and a five-star hotel. Key amenities include
2.6/1,000 garage parking (highest in downtown), bank
drive-through, waterfront jogging park and tennis courts,
adjacency to the new five-star Mandarin Hotel and its
related restaurants, health spa and conference facilities,
quick access to Interstate 95 and the Beaches, and
stunning views of Biscayne Bay.
Courvoisier Centre I at 501 Brickell Key Dr. stands seven
stories and contains 97,087 square feet of space.
Courvoisier Centre II at 601 Brickell Key Dr. stands 12
stories and contains 207,489 square feet of space. Also
included a 923-space parking garage, the only parking
garage on the island, and 22,084 square feet of
arcade-style retail space (10 units) adjacent to the
parking garage.
Space availability ranges from a minimum of 1,400 square
feet to a maximum of 57,000 square feet. Courvoisier
Center the only office space that will ever be developed
on Brickell Key, an exclusive gated community consisting
of residential Condominiums, upscale retail and the
five-star Mandarin Oriental Hotel Island, the buildings
are owned by Florida Office Property Company, the largest
owner of office buildings in Florida with major holdings
in Orlando, Miami, Fort Lauderdale, Tampa, Jacksonville,
Coconut Grove, Naples, and Fort Myers.
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Courvoisier
Centre Brickell Key - Office building area map |
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See all available commercial spaces in
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Brickell Key area (see map left side) up to two
miles distance from Brickell Key
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Another Brickell Trophy Goes on the Market
Courvoisier Centre Expected to Command at Least $170M
Written by Jonathan Heifetz
Courvoisier Centre, a pair of Class A office buildings on exclusive Brickell Key in Miami's prestigious Brickell submarket, has been put up for sale by owner Florida Office Property Co. According to brokers, the 326,000-square-foot asset is expected to sell for more than $170 million.
The only office space that will ever be developed on Brickell Key, an exclusive gated community consisting of residential Condominiums, upscale retail and the five-star Mandarin Oriental Hotel Island, the buildings are owned by Florida Office Property Company, the largest owner of office buildings in Florida with major holdings in Orlando, Miami, Fort Lauderdale, Tampa, Jacksonville, Coconut Grove, Naples, and Fort Myers.
Courvoisier Centre I at 501 Brickell Key Dr. stands seven stories and contains 97,087 square feet of space. Courvoisier Centre II at 601 Brickell Key Dr. stands 12 stories and contains 207,489 square feet of space. Also included in the offering are a 923-space parking garage, the only parking garage on the island, and 22,084 square feet of arcade-style retail space (10 units) adjacent to the parking garage.
Jones Lang LaSalle's Capital Markets Group, led by Tom Beneville and also including Jubeen Vaghefi and Jay Miele, are the listing brokers. The property was originally developed by Swire Properties Ltd.
"Rental rates on Brickell Key and at Courvoisier Centre have increased by 30 percent over the last 12 months," Beneville noted. "Couple that with the bright job growth forecasts for South Florida, its position as a key link to Latin American, European and Caribbean commerce, and you have an offering that we anticipate will defy conventional pricing wisdom."
The Brickell submarket has attracted a number of major investors lately. Most recently, Equity Office Properties Trust (NYSE: EOP) purchased 1221 Brickell Avenue last month for $111.6 million or approximately $287 per square foot in a joint venture with PRUPIM, one of the UK’s leading
Real Estate investment managers.
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