A fund advised by the New York-based asset management arm of Zurich Insurance Group Ltd. bought the retail portion of a Coral Gables mixed-use building for $46.75 million.
A fund advised by Zurich Alternative Asset Management LLC bought the 59,694-square-foot Plaza San Remo on Red Road south of U.S. 1 from PGIM Real Estate, a New Jersey-based real estate investment arm of Prudential Financial Inc. The deal closed Thursday at $783 a square foot.
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