Miami's Palmetto Plaza Fetches $46M as Retail Property Values Surge 39% Since 2021

CORE Sells Palmetto Plaza in Metro Miami for $46 Million

Miami Gardens, Fla. — CORE PALMETTO, an affiliate of Core Investment Management, has sold Palmetto Plaza, a 186,095-square-foot retail center located in Miami Gardens, roughly 16 miles north of downtown… The post CORE Sells Palmetto Plaza in Metro Miami for $46 Million appeared first on Shopping Center Business.

CORE Sells Palmetto Plaza in Miami

MIAMI GARDENS, Fla.–(BUSINESS WIRE)–CORE PALMETTO, an affiliate of Core Investment Management (CORE), a Miami-based private investor specializing in retail properties across Florida’s primary markets, is pleased to announce the successful sale of Palmetto Plaza, a 186,095-square-foot retail center in Miami Gardens, Florida. Douglas K. Mandel, Executive Managing Director Investments at Marcus & Millichap’s Fort Lauderdale office, along with Zach …

Miami's Palmetto Plaza Fetches $46M as Retail Property Values Surge 39% Since 2021

186,000-square-foot shopping center anchored by ALDI and Dollar Tree sells at premium after 4-year hold. Strong occupancy and lease terms drive buyer interest. See details.