Project Description

New World Tower

Miami, Florida


 

New World Tower is a 270,000-SF Class B office building with a 9-story automated parking garage in Miami’s central business district.

Investment Strategy: Purchased at 40% occupancy and executed a value-add strategy of repositioning the property as a mixed use office/data center facility with and tenant improvements.

Acquisition Date: February 1997;

​Disposition Date: December 2003.