Thursday, 03 January 2013

Miami-Area Retail Property Sells for $40.5Mln

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South Florida Business Journal

An affiliate of Principal Financial Group has paid $40.5 million, or about $189.55/sf, for the South Dade Shopping Center in Cutler Bay, Fla., a suburb of Miami.

Weingarten Realty Investors of Houston sold the property, on 27.3 acres at 18403 South...


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Additional Info

  • Syndicate to Realpoint: No
  • Cities: Miami
  • States: Florida
  • Sector: Retail
  • Subject: Property Acquisitions (ACQ), Southeast Regional Digest (SEDIG)
  • Valuation: Between $25 million and $50 million
  • Private: Yes
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