Greenspoon Marder Represents TSG Group in $32 Million Acquisition of Brickell Development Site

News Sep 1, 2017 Miami, FL

MEDIA CONTACT
Michelle Martinez Reyes, Chief Marketing Officer
954.333.4357 | [email protected]

GREENSPOON MARDER REPRESENTS TSG GROUP IN $32 MILLION ACQUISITION OF
BRICKELL DEVELOPMENT SITE

Miami, FL –September 1, 2017 – Greenspoon Marder represented TSG Group in its $31.75 million acquisition of a 44,575-square foot development site located at 1399 Southwest First Avenue in Miami.

TSG acquired the property from Chestnut Capital LLC for $712 per square foot. Located in the heart of Miami’s Financial District, the property is located directly adjacent to the Infinite Brickell condo tower. A three-story, 34,935 square-foot-office space currently occupies the site and is home to the Consulate General of Mexico. The site is zoned as T6-48B-0, which allows for residential, hotel and office use; however, TSG Group does not currently have any plans for redevelopment.

The Greenspoon Marder team representing TSG Group was led by Manuel L. Crespo, a shareholder in the firm’s Miami office.

“It was very gratifying to marshal our team’s considerable talent to assist our client achieve its objective and successfully close on this very significant property at the heart of this growing urban center,” comments Mr. Crespo.

About Greenspoon Marder

Greenspoon Marder LLP is a full-service law firm with over 225 attorneys and more than 20 office locations across the United States. With operations from Miami to New York and from Denver to Los Angeles, our firm attracts some of the nation’s top talent in key markets and innovation hubs. Our core practice areas include Real Estate, Litigation, and Transactional Services, complemented by the capabilities of a full-service firm. Greenspoon Marder has maintained a spot on The American Lawyer’s Am Law 200 as one of the top law firms in the U.S. since 2015, and our goal is to provide exceptional client service by developing a thorough understanding of each client’s business needs and objectives in order to provide strategic, cost-effective solutions.

MEDIA CONTACT

Natalie Villanueva, Director of Marketing
954.333.4308 | [email protected]

This Greenspoon Marder LLP Client Alert is issued for informational purposes only and is not intended to be construed or used as general legal advice nor a solicitation of any type. Please contact the author(s) or your Greenspoon Marder LLP contact if you have any questions regarding the currency of this information. The hiring of a lawyer is an important decision. Before you decide, ask for written information about the lawyer’s legal qualifications and experience.

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Greenspoon Marder Represents TSG Group in $32 Million Acquisition of Brickell Development Site

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