MMG and Global Acquire a 347,000 SF Grocery Anchored Shopping Center in Miami, FL

Apr 03
MMG and Global Acquire a 347,000 SF Grocery Anchored Shopping Center in Miami, FL

MMG Equity Partners and Global Fund Investments have acquired Biscayne Plaza, a 347,000 square-foot grocery-anchored center located in Miami, FL.

Miami boasts a thriving commercial real estate market, particularly in the retail sector. Miami shopping centers are abundant and display consistent, positive metrics vis-a-vis vacancy rates, rental / sales prices, CAP rates, and new projects under construction.

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