Miami Beach – February 13, 2013 – (RealEstateRama) — The Wings Group, a New York-based real estate firm, has just completed a multi-million dollar renovation and upgrade on their most recent Florida acquisition, The Lincoln Building at 350 Lincoln Road in Miami Beach. The privately held real estate firm hired CBRE leasing team to market the 50,000-square-foot, Class A office/retail property.
Built in 1946, The Lincoln Building embodied the Art Deco style of the era. Upon acquiring the asset, The Wings Group made extensive efforts to preserve many historical attributes on the exterior and interior of the building while incorporating the latest modern amenities and structural upgrades including state-of-the art security and data communications as well as high-end interior finishes and hurricane resistant, energy efficient windows.
The five-story corner building totals 40,000 square feet of premium office space and 10,000 square feet of ground-floor retail space. The retail component is 100% leased with TD Bank being one of the major retailers in the building. The full 40,000 square feet of office space is available for lease with spaces offered from 700 square feet and greater. The CBRE team marketing the prime availability comprises Senior Vice Presidents Maggie Kurtz and Diana Parker, and Associate Tom Farmer of the CBRE Miami office.
The Wings Group is a privately held real estate development and property management firm headquartered in New York City. Primarily focused on retail and office properties, the company is additionally invested in residential projects.
CBRE’s Maggie Kurtz and Diana Parker have more than 20 years of experience in the South Florida region. Along with Tom Farmer’s extensive experience on the Miami Beach area, the Teams combined efforts will easily elevate 350 Lincoln’s occupancy in 2013.
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 firm (in terms of 2011 revenue). The Company has approximately 34,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more than 300 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 Web site at www.cbre.com.
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