Friday, January 8, 2016

HFF closes sale of corner site near Lincoln Road in Miami Beach, FL



1575 Alton Road, Miami Beach, FL

 
Daniel Finkle
MIAMI, FL –– Holliday Fenoglio Fowler, L.P. (HFF) announced it has closed the sale of 1575 Alton Road, a 15,000-square-foot corner site one block south of Lincoln Road in Miami Beach, Florida. 

HFF marketed the property on behalf of the seller, Bridgestone Retail Operations, LLC. 

1575 Alton is currently occupied by a Firestone service center but could accommodate a new mixed-use, multi-level structure up to 22,250 square feet.  

Built in 1935, the property is located at the southeast corner of Alton Road and 16th Street, one block south of Lincoln Road, one of the premier shopping districts in the country and top tourist attractions in Miami.

 Additionally, Alton Road is Miami Beach’s primary commercial north-south thoroughfare.

The HFF capital markets team representing the seller was led by managing director Luis Castillo and senior managing director Daniel Finkle.

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

Kristen M. Murphy
Associate Director
HFF | One Post Office Square, Suite 3500 | Boston, MA 02109
Main: 617-338-0990 | Direct: 617-848-1572 | Cell: 617-543-4873 | www.hfflp.com

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