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Black Lion acquires $62.5m Miami Beach office building, plans transformational redesign
Transactions - APRIL 18, 2024

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Black Lion acquires $62.5m Miami Beach office building, plans transformational redesign

by Kali Persall

Black Lion, a Miami-based commercial real estate investment and development firm with an extensive portfolio of reimagined properties, is venturing into the commercial office sector with his largest acquisition to date — the $62.5 million purchase of The Lincoln in Miami Beach, Fla.

Black Lion’s president Robert Rivani has plans to invest an additional $50 million to reimagine the property into “Class X,” an innovative concept that aims to redefine luxury and service standards in the office industry. The “Rivani” will try to deliver a meticulously designed, highly amenitized, experiential office and retail property that transcends the standard office space.

Rivani’s “Class X Office” will integrate luxury with convenience, establishing elevated benchmarks for amenities, design, technology and hospitality-infused services. Designed by architecture and design firm Rockwell Group, Rivani is poised to become a beacon office destination, showcasing features

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