Company news
Longpoint acquires Miramar Parkway Plaza for $34 million
The Real Deal reports the $34 million sale of Miramar Parkway Plaza by a partnership between The Faith Group and Jeffrey Perlow.
Retail
Sold investmentMiramar Parkway Plaza
3176 South University Drive, Miramar, FL 33025
The property
A grocery-anchored retail investment acquired for repositioning.
The Faith Group acquired this distressed shopping center in 2014. The plaza is located at South University Drive and Miramar Parkway, with more than 148,000 square feet of gross leasable space.
Historical coverage describes a 42,000-square-foot Presidente Supermarket anchor and tenants including McDonald’s, Foot Locker, AutoZone, Blink Fitness, Subway, Little Caesars, Moby’s and Metro. The group also reported plans for a medical wing; those plans are retained as historical context.
A closer look
Gallery.
Dated coverage
From the archive.
Company news
Aventura Company Picks Up Miramar Retail Plaza For $14.6 Million
Roy Faith, principal at FIP Realty Services, LLC, and Dave Colonna, Broker Associate with the firm, arranged the sale of a Miramar shopping center for $14,600.000.
Continue exploring
Other sold investments.
Sold investmentMiami Gardens Shopping Center
A neighborhood retail center beside Miami Gardens’ municipal building.
Sold investmentSun Plaza
A historical retail repositioning and brokerage transaction.
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