Mackenzie Fry Lampman Secures $7M Loan In Aventura Retail Deal

The retail center located at 19905-19925 Biscayne Blvd in Aventura, FL, consists of a 78,486-square-foot property that was established in 1994 and expanded in 2015. The fully occupied center is home to various tenants, notably anchored by Total Wine & More and Stein Mart, along with other tenants like Chili’s and Roche Bobois.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $7,000,000.00
• Address: 19905 Biscayne Blvd, Aventura, FL
• Market: Miami

CBRE facilitated the $7 million refinancing deal for the retail center in Aventura. Senior Vice President Paul Ahmed and Financial Analyst Mackenzie Fry, representing the owner, Triarch Capital Group, successfully collaborated with Correspondent Life Insurance Co. to provide a 10-year loan for the property. The asset's location is strategically advantageous, being within close proximity to Interstate 95 and adjacent to Mt. Sinai Medical Center.