Thursday, May 16, 2013

Colliers International Brokers $4.4 Million Cash Sale of South Dade, FL Land


  

19250 South Dixie Highway, Miami, FL 
 MIAMI, FL - Colliers International South Florida announced the $4.4 million all-cash sale of a 4.11-acre parcel of land at 19250 South Dixie Highway, Miami, Florida 33157.

Michael T. Fay
Representing the seller, Williamson South Miami-Dade LLC, were Michael T. Fay, Chairman-Founding Partner of Colliers International South Florida, and Xavier Cossard, National Director of the Colliers Automotive Retail Services (CARS) Group.

Xavier Cossard
Alan Esquenazi, Principal at CREC represented the buyer, Destiny Buildings, LLC. 
 
The new owner, a retail user, plans to occupy the majority of the site and develop the balance.

 "We feel that retailers are starting to move south outside of Miami's core," said Xavier Cossard. "Despite the complexity of putting together development deals today, we were able to complete the transaction in 40 days. We expect interest in South Dade retail to continue and increase."

For a complete copy of the company’s news release, please contact:

Crystal Proenza
Vice President of Marketing
Colliers International South Florida
Commercial Real Estate Services
Tel: 305 476 7138

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