A company controlled by Miami Beach broker/developer Michael Comras sold a retail building in the Miami Design District for $24 million.
MAD DD LLC, managed by Comras, sold the 8,310-square-foot building at 21 N.E. 39th Street to RS JZ NE 39th LLC, an affiliate of Brooklyn-based RedSky Capital. That equates to an eye-popping $2,888 per square foot.
The $33 million loan that Apollo Commercial Real Estate Finance provided to the buyer indicates there could be a significant redevelopment plan in the…
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