MIAMI-Hollywood Hills Plaza, one of South Florida's earliest shopping centers 20 miles north of Downtown Miami, is under new ownership headed by Barry Ross and William D. Matz.
The 25-year-old, 441,566-sf property, originally developed by William D. Horvitz, was sold by an investor group that includes Miami developer Michael Swerdlow to RM Hollywood Hills Plaza Shopping Center for $28.85 million or $65.34 per sf.
Adjoining outparcels housing three free-standing restaurants, a store and four sites totaling 12,862 sf were sold to the same buyer for $4.15 million, according to Michael Y. Cannon, managing director, Integra Realty Resources, AREEA/South Florida.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
