El Mercado Shopping Center Hialeah

CREC Brokers $23.1M Sale of Shopping Center in Metro Miami

by John Nelson

HIALEAH, FLA. — CREC has brokered the $23.1 million sale of El Mercado Shopping Center, a 96,000-square-foot property located at 2400 W. 60th St. in Hialeah in Miami-Dade County. The shopping center was 99 percent leased at the time of sale to tenants such as Publix, Rent-a-Center, Payless Shoes, GNC, Little Caesars Pizza, Pollo Tropical, La Colonia Medical Center, Mary’s Dollar Store and SunTrust Bank. Warren Weiser, Harry Blyden and Andrew Remick of CREC represented the seller, El Mercado Associates Ltd., in the transaction. The buyer is Stockbridge El Mercado LLC, an affiliate of Stockbridge Capital Group.

You may also like