MIAMI—Pointing to the sale of the Sunset Strip Plaza, local commercial real estate brokers say Miami's West Kendal retail submarket is gaining momentum. The Continental Real Estate Companies (CREC) just brokered the sale of the retail center for $14 million.
Located at 10855 Southwest 72nd Street near the intersection of Sunset Drive and 107th Avenue, the 82,000-square-foot property is anchored by Presidente Supermarket. Family Dollar and Sherwin Williams are also tenants.
SPI Sunset, LLC acquired the retail center from longtime owner Loeb Partners Realty. Warren Weiser and Harry Blyden of CREC represented the seller.
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