Limestone Asset Management & Orion Real Estate Group Acquire Retail Property In Miami For $70.5M
13601–13621 South Dixie Highway
188 SF
Summary
Ibrahim Al-Rashid and Kevin Sanz recently closed a retail property transaction in Miami. Located at 13601-13621 S Dixie Highway, the property spans approximately 188,389 square feet. The property was sold by MetLife Investment Management to Limestone Asset Management and Orion Real Estate Group. The sale price for this transaction was $70,500,000, which translates to a price per square foot of $374.
Summary of Transaction Details:
- Property Type: Retail
- Transaction Amount: $70,500,000
- Address: 13601-13621 S Dixie Highway, Miami
- Square Footage: 188,389
Limestone Asset Management represented by Ibrahim Al-Rashid and Orion Real Estate Group represented by Kevin Sanz were the buyers in this transaction. The seller was MetLife Investment Management. Eric Williams from JLL acted as the broker. The lender involved in this deal was Goldman Sachs.
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