141
MIAMI — Wood Partners and AREA Property Partners have acquired Terrazas River Park Village, a 324-unit Class A multifamily property located in Miami. The property consists of two towers on a 2.15-acre site along the Miami River. Terrazas offers one-, two- and three-bedroom units, two-story penthouses and townhome units, as well as a fitness center with a yoga/aerobics studio and separate men's and women's shower/sauna areas, a meditation garden, a pool and spa, a sundeck and a private clubhouse. Robert Given of CB Richard Ellis' Multi-Housing Group brokered the off-market transaction. Terms of the sale were not released.