Orion Real Estate Group & Limestone Asset Management Acquires Retail Property In Miami For $70M

On December 23, 2022, a retail property located at 13619 S Dixie Hwy in Miami was sold in a closed transaction. The property spans approximately 188,389 square feet and was sold for a total price of $70,000,000, resulting in a price per square foot of $372. The transaction involved the buyer, Orion Real Estate Group and Limestone Asset Management, and the seller, Metlife. The deal was facilitated by brokers from JLL, including Danny Finkle, Eric Williams, Jorge Portela, Kim Flores, Michael Kavaler, and Cameron Beck.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $70,000,000
• Address: 13619 S Dixie Hwy, Miami
• Market: Miami
• Square Footage: 188,389
• Price per Square Foot: $372

The successful sale of the retail property was a result of the collaborative efforts between Orion Real Estate Group, Limestone Asset Management, and Metlife. The deal was brokered by a team consisting of Danny Finkle, Eric Williams, Jorge Portela, Kim Flores, Michael Kavaler, and Cameron Beck, all from JLL.