AT&T sells $850 Million in Real Estate Nationally. $43 million in Miami Dade County alone.

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