MIAMI—1600 Lenox is the latest urban retail building to trade in Miami Beach. HFF brokered the sale of the 6,792-square-foot commercial real estate property. Financial terms were not disclosed.
HFF marketed the property on behalf of the seller, Greenstreet Real Estate Partners LP. HFF director Luis Castillo, senior managing director Danny Finkle, and senior analyst Rob Saracco handled the deal.
“The high-profile tenancy of this particular property in addition to its location adjacent to Miami's dominant 'high street' retail corridor, Lincoln Road, attracted a substantial amount of investor interest,” says Castillo. 1600 Lenox is located at the intersection of 16th Street and Lenox Avenue immediately adjacent to Lincoln Road, an urban, pedestrian-friendly shopping district in Miami Beach.
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