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CORAL GABLES, FL-The company paid $15 million, or about 34.66 per sf, for the vacant, three-story property built in 1989. Initial plans for a retail and residential project were scrapped, and currently, strictly retail space is planned.
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June 26, 2026
The portfolio also includes industrial, office and self storage.
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It's a victory for tenants — but landlords face higher insurance premiums, property taxes and fuel costs, according to Realtor.com.
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