Miami Beach, Florida — According to state and local economic development sources Starwood Capital Group plans to invest $76,000,000.00 to build out 144,000 square feet of new space in Miami Beach. The company plans to occupy the new space at 2340 Collins Ave. in Miami Beach, on or about November 1, 2021. According to the company website Starwood Capital Group is a private investment firm with a primary focus on global real estate. Founded in 1991 by Chairman and CEO Barry Sternlicht, Starwood Capital’s hallmark is to invest opportunistically, moving between asset classes, geographies and positions in the capital stack as the firm perceives risk/return dynamics to be evolving. To execute this strategy, Starwood Capital has built up asset-class and geographic expertise in our target markets. In its pursuit of the most compelling opportunities globally, Starwood Capital has invested in more than 30 countries, ranging from the Americas to Europe to Asia.

To learn more about Starwood Capital Group, visit http://starwoodcapital.com/

Company Contact:
Barry Sternlicht, Chief Executive Officer
305-695-5200

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