Managing Director Scott Wadler, Senior Director Matthew Nihan and Senior Analyst Michael Basinski of Berkadia Miami secured the financing.
The new sale marks the third time the brokers sold the same corner over a 10-year period.
Eichholtz’s lease marks its first branded flagship location in Miami.
The property last sold for $2 million in 2004. CLICK ON THE HEADLINE FOR MORE
Project plans include 1.2 million square feet of mostly retail shops, a boutique hotel and “architecturally significant” condo building. CLICK ON THE HEADLINE FOR MORE
Developers of a high-end retail Design District special area plan are asking the city to expand the 19-acre mixed-use site by 10% to add 12 smaller properties along North Miami Avenue. CLICK ON THE HEADLINE FOR MORE
The retail asset acquisition may be a Design District record. CLICK ON THE HEADLINE FOR MORE
The 10,000-square-foot mixed-use property is located at 3700 and 3704 NE 2nd Avenue. CLICK ON THE HEADLINE FOR MORE
The property has a 5,000-square-foot outdoor restaurant and an adjacent 5,500-square-foot indoor nightclub/lounge area. CLICK ON THE HEADLINE FOR MORE
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