MIAMI – (Realty News Report) – The retail portion of Miami Worldcenter, a recently constructed mixed-use district in downtown Miami, has been sold for $210 million in one of the largest South Florida retail deals in years.
Completed in 2024, the Miami Worldcenter’s retail component has 272,966 SF of upscale retail within the development. When completed Miami Worldcenter will have 12,000 residential units, more than 600,000 SF of office space and 850 hotel rooms.
“Miami Worldcenter represents one of the most significant retail investment opportunities ever brought to market in South Florida,” said Conor Lalor of Newmark. “Institutional investors continue to target large, irreplaceable retail assets located in dynamic urban districts, and Miami Worldcenter stands at the center of one of the fastest-growing downtown markets in the country.”…