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$80 Million Sale of Ground Lease

Cousins Properties, L.P.

Representation of Cousins Properties, L.P. in the $80 million sale of the ground lease interest in the iconic Lincoln Place office and retail building in South Beach. Obtained the consent and waiver of right of first offer from the City of Miami Beach (the ground lessor) needed to close the transaction.

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Experience
Handled the sale of over 2,000 REOs, with aggregate purchase prices in the billions of dollars, through both the negotiation and closing of individual sales and the structuring and sale by auction of multiple properties. The largest was approximately $216 million, which was the sale of a major hotel...
Experience
Representation of joint venture between Starwood Hotels & Resorts and The Related Group of Florida regarding zoning and land use for the redevelopment of the six-star St. Regis Bal Harbour. The $1.5 billion project, located across from the Shops at Bal Harbour, consists of 285 condo-hotel units ...
Experience
Representation of Brightline, an affiliate of Florida East Coast Industries, Inc., in the procurement, land acquisition, and development of portions of the $2.4 billion high-speed passenger rail project connecting South and Central Florida. Passenger service will be created in central Florida and wi...
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