The colors of I.M.PEI's Miami Tower
Architect: I.M. PEI
(The last master of High MODERNISM architecture)
Location : Downtown Miami
Floor Count: 47
Opened: February 1987
Sumimoto Corporation of America bought the tower for $220 Million
“We are excited to add Miami Tower to our portfolio of commercial properties here in the U.S.,” Robert Obringer, vice president of Sumitomo, said in a press release. “As part of our constant management of assets, we are always looking for opportunities that will maximize return on investment, and this property offers a strong upside potential for in-place cash flow and the opportunity to increase value.”
Read more here: http://www.miamiherald.com/news/business/article79739477.html#storylink=cpy