CIM Real Estate Debt Solutions business, on behalf of a CIM Group–managed fund, closed a $154 million whole loan to refinance 2 and 3 MiamiCentral, two class A office towers totaling approximately 339,000 square feet in Downtown Miami.
Completed in 2018, 2 and 3 MiamiCentral are modern class A office properties featuring efficient floorplans and floor-to-ceiling windows. The 17-story 2 MiamiCentral comprises approximately 196,000 rentable square feet of office space and 5,000 square feet of amenities. The 12-story 3 MiamiCentral includes approximately 105,000 rentable square feet of office space, 33,000 square feet of retail space and 1,357 parking spaces.
MiamiCentral tenants benefit from amenities such as wellness and fitness facilities, an outdoor roof deck, private work lounges and conferencing space, concierge services, valet parking, and secure garage access.
Located at 700 NW MiamiCentral Ave. and 161 NW Sixth St., 2 and 3 MiamiCentral are part of the M