The Real Deal IMC Equity Group has paid $62 million, or nearly $256/sf, for the 242,485-square foot Miracle Marketplace retail property in the Coral Gables area of Miami. The North Miami, Fla., investment manager bought the property, at 3301 Coral Way, from an affiliate of Heitman Capital Management, which had purchased it in 2013 for $92 […]

The post Retail Center in Miami’s Coral Gable Area Sells for $62Mln appeared first on Commercial Real Estate Direct.