Big-box space located at Miami International Mall in Doral
An affiliate of The Easton Group acquired a JC Penney store and adjacent parking lot in Doral for $12.2 million. The 150,108-square-foot big-box space is within the Miami International Mall, which has a separate owner. The building sits on a 10-acre parcel at 1603 Northwest 107th Avenue.
“This was an excellent buy for us, and we plan on keeping the current tenant in place as long as the rent payments remain current,” said Edward W. Easton, CEO and Chairman of The Easton Group.
About The Easton Group:
The Easton Group is a family-owned commercial real estate firm with three generations of Eastons working in the business. Based at International Corporate Park in Doral, The Easton Group is vertically integrated with investment, development, brokerage and property management services primarily focused on the office/industrial markets. Chairman Edward W. Easton founded the company 50 years ago, and today it controls a portfolio of approximately five-million square feet in Miami-Dade County. For more information log on to www.theeastongroup.com.