Marcus & Millichap Inc.
04/02/2026 | Press release | Archived content
Marcus & Millichap Brokers $10.2M Sale of Office Building in North Miami Beach
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Marcus & Millichap Brokers $10.2M Sale of Office Building in North Miami Beach
April 02, 2026
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MIAMI, April 2, 2026 - Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of Citi Centre, a 46,324-square-foot office building in North Miami Beach. The asset traded for $10.2 million.
"This is a strategically located asset right at the Golden Glades Interchange with significant value-add potential in occupancy and rents," said Alex Zylberglait, executive managing director investments. "Located across from Jackson North Hospital and with easy access to high density population, this property will continue to be positioned as one of the most iconic assets in this area."
Zylberglait of Marcus & Millichap represented the seller, a private overseas group, and procured the buyer, a local private operator.
Originally built in 1986 and renovated in 2022, the property sits on approximately 1.54 acres at 290 Northwest 165th Street. Citi Centre includes 26 suites and offers ample parking, 24-hour access and proximity to major transportation routes, including Interstate 95, Florida's Turnpike and State Road 826.
The building is near Jackson North Medical Center and the Golden Glades Interchange, providing access to Miami-Dade and Broward counties.
"This is a strategically located asset right at the Golden Glades Interchange with significant value-add potential in occupancy and rents," said Alex Zylberglait, executive managing director investments. "Located across from Jackson North Hospital and with easy access to high density population, this property will continue to be positioned as one of the most iconic assets in this area."
Zylberglait of Marcus & Millichap represented the seller, a private overseas group, and procured the buyer, a local private operator.
Originally built in 1986 and renovated in 2022, the property sits on approximately 1.54 acres at 290 Northwest 165th Street. Citi Centre includes 26 suites and offers ample parking, 24-hour access and proximity to major transportation routes, including Interstate 95, Florida's Turnpike and State Road 826.
The building is near Jackson North Medical Center and the Golden Glades Interchange, providing access to Miami-Dade and Broward counties.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit https://www.MarcusMillichap.com.
Marcus & Millichap Inc. published this content on April 02, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT), unedited and unaltered, on April 06, 2026 at 21:25 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]