MEDIA CONTACTMichelle Martinez Reyes, Chief Marketing Officer
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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 is a national full-service business law firm with 240 attorneys and 26 locations across the United States. We are ranked amongst
American Lawyer’s Am Law 200, as one of the top law firms in the U.S. since 2015. Since our inception in 1981, our firm has been committed to providing excellent client service through our cross-disciplinary, client-team approach. Our mission is to understand the challenges that our clients face, build collaborative relationships, and craft creative solutions designed and executed with long-term strategic goals in mind. We serve Fortune 500, middle-market public and private companies, start-ups, emerging businesses, individuals and entrepreneurs nationwide.
Natalie Villanueva, Director of Marketing
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