100 Biscayne Lands $101M Refi in Downtown Miami
RFR refinanced 100 Biscayne, a 317,000-square-foot downtown Miami office tower, with a $101 million loan after a repositioning lifted occupancy to 90%.
RFR has refinanced 100 Biscayne, a 30-story, 317,000-square-foot office tower at 100 North Biscayne Boulevard, with a $101 million loan from Derby Lane Partners and Axonic Capital. The loan closed in November.
RFR acquired the 1963-built property in January 2022 for about $90 million and repositioned it, leasing roughly 248,000 square feet and lifting occupancy from under 60% to about 90%.
The tower sits across from Bayfront Park with views of Biscayne Bay and the Port of Miami. Floor plates run approximately 10,500 square feet, and amenities include pre-built suites.
The property is separate from One Bayfront Plaza at 100 South Biscayne Boulevard.
- Address
- 100 North Biscayne Boulevard, Miami, FL 33131
- Floors
- 30
- Height
- 357 ft
- Sq ft
- 310,000
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