Development site sold for $30 million

Richman Group of Florida acquired an apartment development site in Miami’s Edgewater neighborhood for $30 million. Boca Raton-based Encore Housing Opportunity Fund affiliates Edgewater Miami East Parcel, Biscayne Assemblage, Biscuit Properties Edgewater, Biscayne Miami 28th Street and Shoreline Edgewater sold 2.2 acres in multiple transactions to Biscayne Apartments LLC, an affiliate of West Palm Beach-based…

Grocery-anchored center sold for $28 million

The Winn-Dixie-anchored Palm Aire Marketplace and four out-parcels in Pompano Beach sold for $28.25 million. NG Palm Aire Marketplace, an affiliate of New York-based Nightingale Properties led by Elie Schwartz, sold the property at the southwest corner of South Powerline Road/Pompano Parkway and West Atlantic Boulevard to Pompano Realty USA, an affiliate of Miami-based G…

The National Retail Market Report is live!

Remember when the Internet’s biggest proponents began to make bold assertions that brick-and-mortar stores and print magazines would become a thing of the past? In 2016, we beg to differ. In fact, with the International Council of Shopping Centers’ annual RECon convention expected to bring 36,000 attendees to Las Vegas in the next few weeks,…