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$68.7 Million Sale of Seven-Building Retail Portfolio in Miami Beach

Property Owners

Representation of property owners with retail properties in Sunset Harbour, formerly an industrial area in Miami Beach, Florida, in the $68.7 million sale of a seven-building assemblage to a North Carolina retail investment fund. The sale was complicated by challenges relating to a ground lease and multiple ownership of the parcels, as well as obtaining tenant lease amendments and tenant estoppels required by the purchaser.

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