MIAMI—A newly constructed Whole Foods Market in North Miami has a new owner. Happiness, Inc. bought the retail asset for $19.8 million from Biscayne Partners, LLC, a Miami-based real estate development firm.
The CBRE team of Dennis Carson, Casey Rosen, David Donnellan, and Todd Weintraub represented the seller in the transaction. The property is located at 12150 Biscayne Boulevard.
“Single-tenant Whole Foods are rarely available to investors,” says Dennis Carson, Senior Vice President with CBRE. “This one's very strategic location and the demographics of northeastern Miami-Dade County were especially appealing to investors.”
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