Joe Echevarria Of University Of Miami Acquires Retail Property From Joshua Kobza For $7M In Pinecrest
Florida
See Similar DealsJoe Echevarria Of University Of Miami Acquires Retail Property From Joshua Kobza For $7M In Pinecrest
13201 South Dixie Highway
See Similar DealsSummary
The retail asset located at 13201 South Dixie Highway in Pinecrest has a sale price of $7,000,000. The property encompasses 32,670 square feet, with a price per square foot of $214. It serves as a Burger King–leased location and is situated next to the University of Miami's recently acquired former Macy’s parcel.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $7,000,000
- Buyer: Joe Echevarria - University of Miami
- Seller: Joshua Kobza - Restaurant Brands International (Burger King)
- Address: 13201 South Dixie Highway
- Market: Pinecrest
- Square Footage: 32,670
- Price Per Square Foot: $214
The acquisition positions the University of Miami to further develop its UHealth campus in Pinecrest, as it consolidates its footprint with plans for a 125,000-square-foot ambulatory care center adjacent to the new property.
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