Miami-based Limestone Asset Management, via a joint venture with Orion Real Estate Group, closed on Pinecrest Town Center, the mixed-use retail and office property located at 12651 South Dixie Highway, Pinecrest, Fla., 33156, for $32 million.
The property offers a combined total of 94,175 square feet ― 60,484 square feet of retail space and 33,691 square feet of office space. Major lessees are Sage Dental, EWM and Coldwell Banker. Additional lessees include local favorites Anacapri Italian Restaurant and Sea Siam.
The entire site encompasses 225,255 land square feet, and 435 feet of frontage along South Dixie Highway. It is located in the heart of Pinecrest in Miami-Dade County. The property was built in 1985, renovated in 1994 and 2004, and is currently 82.6 percent leased.
"Pinecrest Town Center
