Limestone Asset Management And Orion Real Estate Group Acquire Mixed-Use Property In Pinecrest For $32M

The mixed-use property located at 12651 South Dixie Highway in Pinecrest has been sold for $32,000,000. The asset, consisting of both retail and office space, spans 94,175 square feet. The sale was completed on March 23, 2021. The price per square foot was calculated as $340.

Summary of transaction details

• Property Type: Mixed-use (Retail & Office)
• Transaction Amount: $32,000,000
• Address: 12651 South Dixie Highway, Pinecrest
• Market: Pinecrest
• Square Footage: 94,175
• Price per Square Foot: $340

The buyer of the property was Limestone Asset Management and Orion Real Estate Group, represented by Kevin J. Sanz. The transaction was facilitated by the broker JLL.