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HFF Arranges $370 Million Sale of Flagship Retail Block on Lincoln Road in Miami Beach

Sep. 30, 2015

Miami — Holliday Fenoglio Fowler (HFF) has arranged the $370 million sale of a 1.1-acre contiguous city block along Lincoln Road in Miami Beach.

According to HFF, the sale is the second largest ever in Miami-Dade County and the highest value retail property sale in Florida.

Manny de Zárraga, Daniel Finkle and Luis Castillo of HFF worked on behalf of the seller, a partnership between Jonathan Fryd and Michael Comras, in the transaction. A private family office acquired the property.

The Lincoln Road block consists of retailers including Gap, Apple, Capital One and Nike.

The HFF capital markets team representing the seller was led by executive managing director Manny de Zárraga, senior managing director Daniel Finkle and managing director Luis Castillo.

Read more at http://shoppingcenterbusiness.com.