{"id":1004132210,"date":"2015-11-24T13:21:13","date_gmt":"2015-11-24T21:21:13","guid":{"rendered":"https:\/\/www.commercialsearch.com\/news\/?p=1004132210"},"modified":"2022-03-04T08:21:52","modified_gmt":"2022-03-04T16:21:52","slug":"titan-development-partners-sheds-dade-commonwealth-building-in-miami","status":"publish","type":"post","link":"https:\/\/www.commercialsearch.com\/news\/titan-development-partners-sheds-dade-commonwealth-building-in-miami\/","title":{"rendered":"Titan Development Partners Sheds Dade-Commonwealth Building in Miami"},"content":{"rendered":"<div id=\"attachment_1004132211\" style=\"width: 235px\" class=\"wp-caption alignright\"><a href=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Dade-Commonwealth-Building.jpg\" target=\"_blank\" rel=\"noopener\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-1004132211\" data-attachment-id=\"1004132211\" data-permalink=\"https:\/\/www.commercialsearch.com\/news\/titan-development-partners-sheds-dade-commonwealth-building-in-miami\/dade-commonwealth-building\/\" data-orig-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Dade-Commonwealth-Building.jpg\" data-orig-size=\"800,1067\" data-comments-opened=\"1\" data-image-meta=\"{&quot;aperture&quot;:&quot;0&quot;,&quot;credit&quot;:&quot;&quot;,&quot;camera&quot;:&quot;&quot;,&quot;caption&quot;:&quot;&quot;,&quot;created_timestamp&quot;:&quot;0&quot;,&quot;copyright&quot;:&quot;&quot;,&quot;focal_length&quot;:&quot;0&quot;,&quot;iso&quot;:&quot;0&quot;,&quot;shutter_speed&quot;:&quot;0&quot;,&quot;title&quot;:&quot;&quot;,&quot;orientation&quot;:&quot;0&quot;}\" data-image-title=\"Dade Commonwealth Building\" data-image-description=\"\" data-image-caption=\"&lt;p&gt;Dade Commonwealth Building&lt;\/p&gt;\n\" data-large-file=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Dade-Commonwealth-Building.jpg?w=768\" class=\"wp-image-1004132211 size-medium\" src=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Dade-Commonwealth-Building.jpg\" alt=\"Dade Commonwealth Building\" width=\"225\" height=\"300\" srcset=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Dade-Commonwealth-Building.jpg 800w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Dade-Commonwealth-Building.jpg?resize=225,300 225w, https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Dade-Commonwealth-Building.jpg?resize=768,1024 768w\" sizes=\"auto, (max-width: 225px) 100vw, 225px\" \/><\/a><p id=\"caption-attachment-1004132211\" class=\"wp-caption-text\">Dade Commonwealth Building<\/p><\/div>\n<p><a href=\"https:\/\/egov.ci.miami.fl.us\/Legistarweb\/Attachments\/71653.pdf\" target=\"_blank\" rel=\"noopener\">The Dade-Commonwealth Building<\/a>, formerly known as the <a href=\"https:\/\/en.wikipedia.org\/wiki\/Meyer-Kiser_Building\" target=\"_blank\" rel=\"noopener\">Meyer-Kiser Building<\/a> in Downtown Miami traded hands in a deal worth $9.2 million, or $212 per square foot. The historic building at 139 NE 1<sup>st<\/sup> St. was completed in 1925, the same year as the Dade County Courthouse. In 1999, it was added to the U.S. National Register of Historic Places.<\/p>\n<p>A joint venture between Chief Executive Officer Gilbert Benhamou of <a href=\"https:\/\/www.bloomberg.com\/profiles\/companies\/CGERP:BB-immocorp\" target=\"_blank\" rel=\"nofollow noopener\">Immocorp Capital <\/a>and Matthieu Merchadou-Melki, CEO of <a href=\"wynwoodfund.com\/\" target=\"_blank\" rel=\"noopener\">Wynwood Fund<\/a> purchased the seven-story, 43,265-square-foot historic office building from Titan Development Partners.<\/p>\n<p>Immocorp Capital, with headquarters in Miami and offices in Paris and Madrid, is a real estate developer which has been active in South Florida for the past two decades, with projects including the Harbour Center office building in Aventura as well as luxury condominiums Grand Venetian Miami Beach, Uptown Marina Loft and Artech in Aventura.<\/p>\n<p>Wynwood Fund Florida is a sister company of <a href=\"https:\/\/www.beekmanreim.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Beekman Real Estate Investment Management<\/a>, an international real estate investment, development and property management firm with offices in New York City, Paris and Chennai, India, with a focus on condominium and retail development.<\/p>\n<p>Janet Crucet and Kristine Flook with Urbanize Properties, along with Mika Mattingly of <a href=\"https:\/\/www.sterlingequityrealty.com\/\" target=\"_blank\" rel=\"nofollow noopener\">Sterling Commercial<\/a>, represented the buyer in the transaction. The seller was represented by Ana Ventura of<a href=\"https:\/\/www.re2kgroup.net\/\" target=\"_blank\" rel=\"nofollow noopener\"> RE2000 Group<\/a>.<\/p>\n<p><em>Photo credit: SebasTorrente (via Wikimedia Commons)<\/em><\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Dade-Commonwealth Building, a historic office building in downtown Miami, has traded hands.<\/p>\n","protected":false},"author":35,"featured_media":1004132211,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[21743,1492,21747],"tags":[],"class_list":["post-1004132210","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-deals","category-miami","category-office"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.0) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Titan Development Partners Sheds Dade-Commonwealth Building in Miami - Commercial Property Executive<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.commercialsearch.com\/news\/titan-development-partners-sheds-dade-commonwealth-building-in-miami\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Titan Development Partners Sheds Dade-Commonwealth Building in Miami\" \/>\n<meta property=\"og:description\" content=\"The Dade-Commonwealth Building, a historic office building in downtown Miami, has traded hands.\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.commercialsearch.com\/news\/titan-development-partners-sheds-dade-commonwealth-building-in-miami\/\" \/>\n<meta property=\"og:site_name\" content=\"Commercial Property Executive\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/CPExecutive\" \/>\n<meta property=\"article:published_time\" content=\"2015-11-24T21:21:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-03-04T16:21:52+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/www.commercialsearch.com\/news\/wp-content\/uploads\/sites\/46\/2015\/11\/Dade-Commonwealth-Building.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"800\" \/>\n\t<meta property=\"og:image:height\" content=\"1067\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Balazs Szekely\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@cpexecutive\" \/>\n<meta name=\"twitter:site\" content=\"@cpexecutive\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/titan-development-partners-sheds-dade-commonwealth-building-in-miami\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/titan-development-partners-sheds-dade-commonwealth-building-in-miami\\\/\"},\"author\":{\"name\":\"Balazs Szekely\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/#\\\/schema\\\/person\\\/623e95293ca6c6791bedc7473f548d7f\"},\"headline\":\"Titan Development Partners Sheds Dade-Commonwealth Building in Miami\",\"datePublished\":\"2015-11-24T21:21:13+00:00\",\"dateModified\":\"2022-03-04T16:21:52+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/titan-development-partners-sheds-dade-commonwealth-building-in-miami\\\/\"},\"wordCount\":235,\"commentCount\":0,\"image\":{\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/titan-development-partners-sheds-dade-commonwealth-building-in-miami\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/wp-content\\\/uploads\\\/sites\\\/46\\\/2015\\\/11\\\/Dade-Commonwealth-Building.jpg\",\"articleSection\":[\"Deals\",\"Miami\",\"Office\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/titan-development-partners-sheds-dade-commonwealth-building-in-miami\\\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/titan-development-partners-sheds-dade-commonwealth-building-in-miami\\\/\",\"url\":\"https:\\\/\\\/www.commercialsearch.com\\\/news\\\/titan-development-partners-sheds-dade-commonwealth-building-in-miami\\\/\",\"name\":\"Titan Development Partners Sheds Dade-Commonwealth Building in Miami - 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