Regions Southeast | Miami
Aug 4, 2008
Cousins Properties Inc. and its partner The Related Group have closed on the sale of the remaining 120 residential units at 50 Biscayne, a 54-story, 528-unit luxury condominium tower in Miami, Fla. The buyer is a partnership of The Related Group and private equity firm Lubert-Adler Partners. The units were sold for $30 million.
Cousins Properties Inc. and its partner The Related Group have closed on the sale of the remaining 120 residential units at 50 Biscayne, a 54-story, 528-unit luxury condominium tower in Miami, Fla. The buyer is a partnership of The Related Group and private equity firm Lubert-Adler Partners. The units were sold for $30 million.
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