CBRE Brokers $49.3 Million Sale of Shopping Center in Miami

by Hayden Spiess

Miami — CBRE has brokered the $49.3 million sale of Trail Plaza, a 181,558-square-foot shopping center located in Miami. Built in 1987, the property was 99 percent leased at the time of sale. Tenants at the center include Fresco y Más, Walgreens, Harbor Freight Tools and Party Depot. Casey Rosen and Dennis Carson of CBRE represented the undisclosed seller in the transaction. An entity controlled by Longpoint Realty Partners acquired the property. 

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