CONTINENTAL SOUTH BEACH HOTEL SELLS FOR $61 MILLION

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MIAMI BEACH, FLA. — InSite Group has purchased the 251-room, 146,000-square-foot Continental South Beach Hotel in Miami Beach for $61 million. The eight-story hotel has direct ocean access and is located in “SoBe 10”, the area of South Beach from 15th Street to 24th Street. The seller, RFR Holding, was represented by Jones Lang LaSalle Hotel's Miami office. InSite Group was self-represented in the transaction.

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