Continental Realty Corp. Acquires CityPlace Doral Retail Development in South Florida for $87.5M
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Continental Realty Corp. Acquires CityPlace Doral Retail Development in South Florida for $87.5M
DORAL, FLA. — Baltimore-based Continental Realty Corp. (CRC) has purchased CityPlace Doral, a 235,000-square-foot lifestyle retail center located at 8300 N.W. 36th St. in Doral, a western suburb of Miami. CRC financed the $87.5 million acquisition using funds from Continental Realty Opportunistic Retail Fund I LP, a related co-investment and a $58.3 million loan from a regional bank. Danny Finkle and Jorge Portela of JLL represented the seller, …
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