NORTH MIAMI BEACH, FL-CJUF III Intracostal, a subsidiary of LosAngeles-based Canyon Johnson Realty Advisors, has taken control ofthe Intracoastal Mall, a 328,886-square-foot property in NorthMiami Beach. Woolbright Development has given up the property toCJUF III Intracostal in a $59.8-million deed in lieu offoreclosure.
Bank of America originally issued the loan, which was laterpurchased by Canyon Johnson. Current occupiers in the IntracoastalMall include Duffy's, Dollar Tree, Old Navy, Winn-Dixie and a movietheater. For the full story, go to South Florida Business Journal .
GlobeSt.com News Hub is your link torelevant real estate and business stories from other local,regional and national publications.
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
*May exclude premium content
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.
