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The sale of 70-74 NE 40th St. is the last of a three-building retail portfolio sale within Miami's famed Design District, however New York City-based ASG remains bullish on the region and plans to both maintain and grow its presence there.
According to a recent JLL report, Miami continues to show strong trends regarding flight-to-quality as both new-to-market and existing tenants seek new Class A and Trophy product space.