MIAMI—1575 Alton Road, a 15,000-square-foot corner site one block south of Lincoln Road in Miami Beach, has traded hands. Bridgestone Retail Operations sold the asset for $10 million.
HFF represented the seller. Managing director Luis Castillo and senior managing director Daniel Finkle led the charge.
"Opportunities to redevelop hard corner sites with extraordinary exposure in Miami Beach are extremely rare," Castillo tells GlobeSt.com. "This asset appealed to a variety of investors."
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