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Sale of Coconut Grove Mixed-Use Project Located on Long Term Ground Lease

Property Owner
Representation of client in the sale of Bayshore Landing, a mixed-use project in the Coconut Grove neighborhood of Miami, Florida. The project, which includes the iconic Monty's restaurant, several hundred boat slips and other retail tenants, is subject to a long-term ground lease with the City of Miami. After handling the initial purchase of the property over 10 years ago, our team assisted the client with the sale and various other issues impacting the property.
RELATED PEOPLE
A. Vicky Leiva

A. Vicky Leiva

Partner
Suzanne M. Amaducci-Adams

Suzanne M. Amaducci-Adams

Partner, Head of Real Estate
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Experience

Representation of Oleta Partners, LLC, a joint venture comprised of affiliates of the LeFrak Organization and Turnberry Associates, in the successful negotiation of the long-term ground lease and complicated leasehold financing for a 185-acre brownfields redevelopment site in the City of North Mi...

Experience
Representation of subsidiaries of Mexican commercial real estate firm in numerous multimillion-dollar projects in Florida, including: the acquisition and assemblage of the parcels comprising the Old Spanish Village, a seven-acre mixed use project in Coral Gables; the acquisition and redevelopment of...
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