$29.5 Million Acquisition of Prime Coconut Grove Real Estate

Connecticut-based private equity firm
Representation of Connecticut private equity firm regarding the formation and negotiation of a joint venture between Miami-based private equity firm and Miami-based real estate investment firm to acquire a $29.5 million nine-story office building in a prime location on Coconut Grove's rapidly transforming bayfront, which is set for a major makeover with a new park, restaurants, marina, and promenade. The joint venture orchestrated the property acquisition in an all-cash, off-market deal.
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Alan D. Axelrod

Alan D. Axelrod

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