JLL Capital Markets Arranges $17.35M Financing For Mixed-Use Retail/Self-Storage Center
The site comprises 50,000 square feet of retail across three buildings, along with a 60,000-square-foot, three-story self-storage facility.
The site comprises 50,000 square feet of retail across three buildings, along with a 60,000-square-foot, three-story self-storage facility.
The lease is structured as a five-year NNN lease with a rent of $70 per square foot.
The 24-story development will comprise 333 luxury condominium residences and a retail component anchored by a new 36,000-square-foot Publix Super Market.
Originally completed in 2016, the property was substantially renovated and repositioned in 2023 with more than $1 million in capital improvements.
A proposed redevelopment near Opa-locka City Hall could bring housing, retail, hospitality, education and community services to six publicly owned parcels, marking a major investment in the city’s downtown core. The overall development has been valued at approximately $532 million.
Adam Von Romer represented an investor who sold a management-intensive commercial property in North Miami and sought a more passive investment with a single corporate tenant.
Berkadia Miami’s Brad Williamson, Scott Wadler and Michael Basinski, along with Mitch Sinberg, Matt Robbins, and Jacob Kelly, secured the financing on behalf of RIVANI. BridgeInvest provided the loan.
Originally built in 2002 and renovated in 2025, UNO South Pointe is one of the few ‘Super-Class A’ office properties in the South of Fifth neighborhood.
River Landing remains one of the only mixed-use developments in Miami accessible by car, train, bike, and boat.
The portfolio includes four shopping centers located in Miami-Dade, Broward and Palm Beach counties.
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