HRP-led entity is mystery buyer paying $180M for Fisher Island dev site
An entity led by HRP Group, a Chicago-based real estate firm specializing in redeveloping contaminated properties, is the mystery buyer paying $180 million for a 9.6-acre development site on Miami Beach’s Fisher Island, The Real Deal has learned. The parcel, home to a fuel depot owned by global energy company TransMontaigne Partners, is the last remaining plot of land on Fisher Island primed for redevelopment, but it would require environmental cleanup. A spokesperson for HRP, a subsidiary of private financial services firm Hilco Global, confirmed that the firm is under contract to purchase the TransMontaigne site at 1 Fisher Island […]This article originally appeared on The Real Deal. Click here to read the full story.
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