In the blockbuster transaction of the year, a block of Miami Beach's Lincoln Road sells for $7,156 a square foot.
September 04, 2015 at 12:00 AM
1 minute read
In what’s hands down the blockbuster transaction of 2015, a block of Miami Beach’s Lincoln Road has been scooped up for $370 million.
Playa Retail Investments LLC bought the prime retail properties from a partnership led by real estate investors Michael Comras and Jonathan Fryd, Miami-Dade County public records show. The properties in the transaction include 1001, 1021, 1029, 1031, 1035 Lincoln Road with a combined 51,708 square feet of retail space on 47,970 square feet.
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