Friday, May 29, 2015

BJ’s-anchored plaza in Miami sells for $42M

A Miami shopping center anchored by BJ’s Wholesale Club changed hands for $42 million. Coral Terrace Commercial, an affiliate of Coral Gables-based Pan American Cos. headed by Carlos C. Lopez-Cantera Sr., sold the property at 7030, 7050 and 7060 S.W. 24th Street to Kireland Coral Terrace. The Aventura-based buyer is managed by Alex Kurkin and Eva Klein. The 150,000-square-foot retail center on 13.2 acres was completed in 2014.

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