[dave8721]

https://therealdeal.com/miami/2019/0...tower-project/

Michael Dell’s firm lends $300M to Brickell office tower project
WeWork is leasing 10 floors with 146K sf

Russian developer Vlad Doronin and his joint venture partner Cain International closed on the largest office construction loan in South Florida this year for a new tower in Brickell.

MSD Partners, the private investment firm of Dell Technologies billionaire Michael Dell, is the lender for the $300 million loan, according to a spokesperson for Doronin’s OKO Group. The South Florida Business Journal first reported the loan.

Construction is already underway on the 57-story, 724-foot-tall tower planned for 888 Southeast Brickell Plaza in Miami. The project, known as 830 Brickell, was approved by the city earlier this year.

When it opens in the first quarter of 2022, it will be the first major office building built in the city’s urban core in the last decade.

Scott Wadler and Scott Aiese of JLL brokered the loan.

The tower, designed by Adrian Smith of Chicago-based Adrian Smith + Gordon Gill Architecture, will have about 15,000 square feet of retail space, 490,000 square feet of office space, and a restaurant on the 53rd floor. It is across the street from Brickell City Centre.