Conrad Miami is architectural focal point of business and financial district
Miami, FL – July 9, 2015 – (RealEstateRama) — CBRE Hotels has been engaged to exclusively represent the owner of the iconic Conrad Miami. The hotel is ideally situated on the most prestigious street in the heart of Mimi’s business and financial district. The 203-room luxury hotel at 1395 Brickell Avenue is situated within the landmark Espirito Santo Plaza, widely recognized as Miami’s most architecturally stunning structure, with its concave figural arch beautifully representing the gateway to Latin America. The Miami-based CBRE Hotels team marketing the property includes Robert Taylor, Christian Charre, Paul Weimer and Natalie Castillo.
“Miami’s hospitality market is one of the strongest in the nation, with the average daily lodging rate outpacing cities such as San Francisco and Boston. In addition to its attributes as a luxury hotel, this singular property’s architectural character and location combine to make it a focal point of one of the world’s most dynamic financial districts—and a once-in-a-lifetime investment opportunity to acquire this trophy asset,” said Mr. Charre, Senior Vice President, CBRE Hotels.
Fronting the most prestigious street at the epicenter of Miami’s business and financial district, the hotel features approximately 20,000 square feet of meeting space, a spa and fitness center, the Atrio restaurant and The Bar at LvL 25, offering stunning views of the Miami skyline, two outdoor tennis courts with bay views, and a rooftop pool and whirlpool. Conrad Miami is part of a landmark tower that includes office, retail and luxury residences.
Conrad Miami is proximate to some of Miami’s most recognizable attractions, including Bayside, American Airlines Arena, Miami Tower, Port of Miami and Mary Brickell Village. Surrounded by nearly 15 million square feet of Class A office space and with exceptional accessibility from Interstate 95, the property is also less than one block from the Financial District Metromover station and within a short distance of Miami’s most recent and recognizable large scale, mixed-use developments, including the massive $1.1 billion Brickell City Centre, which opens next year, Miami Worldcenter and Resorts World Miami.
CBRE Hotels is a specialized advisory group within CBRE providing brokerage, valuation, and capital markets services to companies in the hotel sector. CBRE Hotels is comprised of more than 215 dedicated hospitality professionals located in 40 offices across the globe. For more information, please visit our website at www.cbrehotels.com.
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBG), a Fortune 500 and S&P 500 company headquartered in Los Angeles, is the world’s largest commercial real estate services and investment firm (in terms of 2014 revenue). The Company has more than 52,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 370 offices (excluding affiliates) worldwide. CBRE offers strategic advice and execution for property sales and leasing; corporate services; property, facilities and project management; mortgage banking; appraisal and valuation; development services; investment management; and research and consulting. Please visit our website at www.cbre.com.
elizabeth.cross (at) cbre (dot) com
melinda.sherwood (at) cbre (dot) com