The Davis Companies Jamestown And Falcone Group Acquire Retail Asset From CIM Group For $210M

The asset involved in this transaction is a retail property located at 100 Northeast 8th Street in the Miami market. The sale was completed at a price of $210,000,000, covering a total square footage of 273,000, resulting in a price per square foot of $769.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $210,000,000
• Sale Date: 04/01/2026
• Buyer: The Davis Companies, Jamestown & Falcone Group
• Seller: CIM Group
• Brokers: Eric Williams, Conor Lalor, Adam Spies, Andrei Larion & James Sharpe V - Newmark

The buyers, comprising The Davis Companies, Jamestown, and Falcone Group, engaged in this transaction with the seller, CIM Group, with representation from brokers affiliated with Newmark. The deal reflects coordinated efforts among multiple key players in the transaction process.