Published Jan. 2, 2013
Columbia-based Edens recently acquired this 180,000-square-foot retail center in Miami. (Photo/Provided)
The price of the transaction was not released; however, Edens said it now owns 20 properties throughout Florida, 13 of them in the Miami metro area. Over the last 24 months, Edens said it has spent nearly $300 million in acquiring six assets in the Miami area.
Fifth & Alton is a six-story retail center anchored by national retail tenants including Publix, Best Buy, Staples, TJ Maxx and Ross Dress for Less.
The property was acquired from affiliates of Robert Potamkin, Alan Potamkin and Jeff Berkowitz and was developed by Berkowitz Development Group.
Edens said its portfolio includes 111 retail centers.