The Plaza San Remo retail center in Coral Gables anchored by Whole Foods. Courtesy photo
A fund advised by a Zurich Insurance Group subsidiary buys the ground-floor retail center in a mixed-use building.
May 26, 2020 at 02:09 PM
1 minute read
South Florida real estate reporter
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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