Diplomat Mall Sells for $19.1 Mil

MIAMI-Hasam Realty Ltd. has sold the Diplomat Mall in suburban Hallandale Beach to 17070 Collins Avenue Shopping Center Ltd. and R.K. Hallandale Ltd. for $19.1 million.

By Pat Taylor | November 20, 2001 at 01:01 AM

The mall, located at 1725 E. Hallandale Beach Blvd., contains approximately 350,000 sf of building area completed in 1971 and renovated in 1998-1999 on 28 acres. Anchor tenants include Winn-Dixie, Old Time Pottery (formerly Kmart), Office Max and Beall's Outlet. The buyers plan to rehabilitate and revitalize the mall.

Bard Brenner of Sam Brenner Inc., Miami Beach, brokered the transaction. Attorney Barry Shevlin in Bay Harbor Islands represented the purchaser.

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