Real estate in Miami sold to Real Estate investment Reign Capital.
- Date of Sale: January 30, 2025.
- Property: 199,903-square-foot building on 11.3 acres.
- Address: 460 N.E. 215th Street, near Miami Gardens.
- Sale Price: $12.87 million.
- Buyer: Reign Capital.
- Deal Details: AT&T sold 10 South Florida sites for a combined $62.9 million, part of a larger $850 million nationwide deal where AT&T is leasing back the properties.
- Other properties sold: AT&T sold a total of 10 South Florida properties including buildings in Coral Gables, Homestead, Miami, Miami Gardens, Sunrise and West Palm Beach.
- Reason for Sale: AT&T is moving to fiber and wireless networks, freeing up real estate for other uses.
- South Florida Properties:As part of the larger deal, AT&T sold 10 South Florida properties, spanning roughly 1 million square feet, to Reign Capital for a combined $62.9 million.
- Miami-Dade County Properties:Eight obsolete utility properties in Miami-Dade County were sold for a combined $43.6 million as part of the national portfolio deal.
https://about.att.com/story/2025/reign-capital.html