HFF Closes $370 Million Sale Of Flagship Retail Block On Lincoln Road
According to HFF, the sale is the second largest ever in Miami-Dade County and the highest value retail property sale in Florida. CLICK ON THE HEADLINE FOR MORE
According to HFF, the sale is the second largest ever in Miami-Dade County and the highest value retail property sale in Florida. CLICK ON THE HEADLINE FOR MORE
The center is known for having one of the nation’s most high-traffic Whole Foods Markets on its tenant roster. CLICK ON THE HEADLINE FOR MORE
The price tag of about $7,700 per square foot of land represents the second largest real-estate deal in Miami-Dade County history. CLICK ON THE HEADLINE FOR MORE
The purchase equates to $219 per square foot. CLICK ON THE HEADLINE FOR MORE
The site is poised to be home to a world-class mixed-use development featuring retail, hotel, residential, office and/or marina uses. CLICK ON THE HEADLINE FOR MORE
The property sold for $108 million, or $383 per square foot. CLICK ON THE HEADLINE FOR MORE
The property went into receivership after father-and-son developers were convicted of tax evasion and sentenced to federal prison in 2011. CLICK ON THE HEADLINE FOR MORE
HFF also secured a $61 million, 10-year, fixed-rate loan for the buyer. CLICK ON THE HEADLINE FOR MORE
The new ownership plans to commence an extensive repositioning of the asset and will immediately implement an aggressive capital improvement and leasing plan that will once again return it to its Class A+ status. CLICK ON THE HEADLINE FOR MORE
Check out market insights from Andy Ansin, Greg Matus, Rick Miller and more! CLICK ON THE HEADLINE TO VIEW THIS MONTH’S FULL “PERSPECTIVES” REPORT
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.