Crescent Heights Buys 1.5-Acre 3000 Biscayne Boulevard For $19.2 Million

An office building at 3000 Biscayne Boulevard was sold to an affiliate of Crescent Heights for $19.2 million. The sale closed last week.

The developer now owns about 4.6 contiguous acres. The newly purchased property is about 1.5 acres, while the adjacent 3050 Biscayne property that the developer bought in 2010 from Leviev Boymelgreen is approximately 3 acres.

Crescent Heights is headquartered just down the block at 2200 Biscayne Boulevard.