Affiliates of Harbor Group International (HGI) have purchased ParkLine Miami, an 816-unit, luxury apartment community in downtown Miami developed by Florida’s oldest and largest real estate and infrastructure development company, Florida East Coast Industries (FECI). Cammeby’s International Group partnered with HGI on the transaction.
The financial terms were not disclosed.
The development is located in MiamiCentral, a thriving transportation and lifestyle hub spanning six downtown city blocks. It is a unique live-work-play destination with unrivaled transportation options, including connectivity to four major transit lines: Brightline, Metrorail, Metromover and Tri-Rail. With more than 10 million riders projected to travel through each year, MiamiCentral is transforming Miami’s urban landscape.
“The ParkLine Miami investment represents a unique opportunity to acquire a world-class asset in a desirable, high-growth location with accessibility to major
