{"id":86642,"date":"2016-06-01T10:58:27","date_gmt":"2016-06-01T10:58:27","guid":{"rendered":"https:\/\/www.ewmrealestate.com\/blog\/?p=86642"},"modified":"2019-04-17T15:06:18","modified_gmt":"2019-04-17T15:06:18","slug":"miami-tower-sells-for-220-million","status":"publish","type":"post","link":"https:\/\/ewmrealestate.com\/blog\/miami-tower-sells-for-220-million\/","title":{"rendered":"Miami Tower Sells For $220 Million"},"content":{"rendered":"<p>Earlier this week, <em>The Real Deal<\/em> published a <a href=\"http:\/\/therealdeal.com\/miami\/2016\/05\/24\/japanese-firm-makes-major-investment-play-with-220m-purchase-of-miami-tower\/\" target=\"_blank\" rel=\"noopener noreferrer\">new story<\/a>\u00a0about\u00a0one of the most recognizable towers in the city. Several news stories later it is safe to say that Miami Tower is now under new ownership after selling to an affiliate of Japan\u2019s Sumimoto Corporation for $220 million.<\/p>\n<p>County record online now confirm that the iconic building located at 100 SE 2nd St has once again exchanged hands. The previous sale for Miami Tower was $105.5 million in 2010 when it was purchased by Chicago\u2019s Lasalle Management Group, which means that its new sale price is more than double from the\u00a0sale six years ago. Breaking the sale down and with an approximate size of 600,000 square feet, the sale breaks down to approximately $367\/sqft. This will most likely be among the most significant sales this year but should also serve of what can be expected in the commercial real estate sector.<\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p><a href=\"http:\/\/themiamiobserver.com\/miami-tower-sells-220-million\/\" target=\"_blank\" rel=\"noopener noreferrer\">Visit The Miami Observer Today for the full story!<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Earlier this week, The Real Deal published a new story\u00a0about\u00a0one of the most recognizable towers in the city. Several news stories later it is safe to say that Miami Tower is now under new ownership after selling to an affiliate of Japan\u2019s Sumimoto Corporation for $220 million. County record online now confirm that the iconic<\/p>\n<p class=\"more-link\"><a href=\"https:\/\/ewmrealestate.com\/blog\/miami-tower-sells-for-220-million\/\" class=\"themebutton2\">Read More<\/a><\/p>\n","protected":false},"author":6177,"featured_media":130092,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_expiration-date-status":"","_expiration-date":0,"_expiration-date-type":"","_expiration-date-categories":[],"_expiration-date-options":[]},"categories":[25],"tags":[3665,3905,75,12813,12293,12295,8705,9897,13119],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v20.0 - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Miami Tower Sells For $220 Million - BHHS EWM Realty<\/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:\/\/ewmrealestate.com\/blog\/miami-tower-sells-for-220-million\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Miami Tower Sells For $220 Million - BHHS EWM Realty\" \/>\n<meta property=\"og:description\" content=\"Earlier this week, The Real Deal published a new story\u00a0about\u00a0one of the most recognizable towers in the city. Several news stories later it is safe to say that Miami Tower is now under new ownership after selling to an affiliate of Japan\u2019s Sumimoto Corporation for $220 million. County record online now confirm that the iconicRead More\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ewmrealestate.com\/blog\/miami-tower-sells-for-220-million\/\" \/>\n<meta property=\"og:site_name\" content=\"BHHS EWM Realty\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/EWMRealtyInternational\" \/>\n<meta property=\"article:published_time\" content=\"2016-06-01T10:58:27+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2019-04-17T15:06:18+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ewmrealestate.com\/blog\/wp-content\/uploads\/2019\/06\/BHHS-On-Solid-Background.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"376\" \/>\n\t<meta property=\"og:image:height\" content=\"376\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Marcelo Steinmander\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Marcelo Steinmander\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/miami-tower-sells-for-220-million\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/miami-tower-sells-for-220-million\/\"},\"author\":{\"name\":\"Marcelo Steinmander\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#\/schema\/person\/8bc83923e19eee1955d22cd1303163ee\"},\"headline\":\"Miami Tower Sells For $220 Million\",\"datePublished\":\"2016-06-01T10:58:27+00:00\",\"dateModified\":\"2019-04-17T15:06:18+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/miami-tower-sells-for-220-million\/\"},\"wordCount\":166,\"publisher\":{\"@id\":\"https:\/\/ewmrealestate.com\/blog\/#organization\"},\"keywords\":[\"Downtown Miami\",\"EWM\",\"Front Page\",\"Marcelo Steinmander\",\"Metropolitan Miami\",\"Miami\",\"Real estate\",\"South Florida Real Estate\",\"The Miami Observer\"],\"articleSection\":[\"Commercial\"],\"inLanguage\":\"en-US\"},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/ewmrealestate.com\/blog\/miami-tower-sells-for-220-million\/\",\"url\":\"https:\/\/ewmrealestate.com\/blog\/miami-tower-sells-for-220-million\/\",\"name\":\"Miami Tower Sells For $220 Million - 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Several news stories later it is safe to say that Miami Tower is now under new ownership after selling to an affiliate of Japan\u2019s Sumimoto Corporation for $220 million. 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