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Florida & Gulf Coast  + South Florida  + Office  | 
Investment team spends $82M on former Miami Starwood HQ

Black Lion, Massa Spend $82M on Former Miami Starwood HQ

Black Lion and Massa Investment Group have acquired the former headquarters of Starwood Capital, with plans for a multi-million dollar transformation. With a purchase price of $82 million, this collaboration with Massa Investment Group represents Black Lion’s largest deal to date.

“Black Lion has a track record for transforming properties into prime assets by being creative and coloring outside of the lines. Our vision for this space is next level. We plan to deliver a one-of-a-kind hospitality office and retail experience that the area has never seen before,” touted Black Lion’s Robert Rivani. 

Located in the South Beach historic district, the property occupies a corner at 1601 Washington Avenue. Encompassing 140,000 square feet, the mixed-use development comprises ground-level retail spaces plus a 499-space parking garage. The 8-story building is adjacent to the Lincoln Road Mall.

The building has been primarily vacant since Starwood left in 2022.


Inside The Story

Robert Rivani

About Mike Boyd

Mike covers our Texas and Phoenix/Southwest regions. He is a veteran news reporter who spent 10 years in radio and television news, mostly in Tucson, Arizona. Following his career in the media, he spent ten years as a communications executive for a publicly traded development company. Mike is married with three boys and three Huskies.