MIAMI BEACH, FL – ALTO Real Estate Funds has purchased a 7,142-square-foot retail property in Miami Beach, FL for $18.9 million.

The acquired corner property is located at 900 and 904 Lincoln Rd. and is situated on the corner of Jefferson Ave.

The property underwent a complete renovation between 2015 and 2016. The retail asset now features restored facades, high ceilings and glass storefronts.

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Ingrid Tunberg

Ingrid Tunberg sits on the editorial team as a coordinator and reporter for Real Estate Forum and GlobeSt.com. She is responsible for writing stories, assisting with industry awards and marketing nomination events. Previously, Ingrid worked as a copywriter across various industries throughout New York City and Chicago.