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.
Recent Posts
North Palm Beach town center redevelopment tied up in lawsuits
Michael Stern sells interest in Miami Beach condos to majority owner Activate Hospitality
SJC sells Whole Foods complex for $83M amid investor appetite for grocery-anchored real estate
Prominent trial attorney finds buyer for waterfront Boca mansion once owned by Sheetz magnate
South Florida’s top deals: OKO, Cain sell Una Brickell penthouse for $18M
Advertising Real Estate-Related Products and Services
FCC Update on Drones with LiDAR Obstacle Avoidance
Appeals Court Quashes Homie Appeal, Delivers NAR VictoryAppeals Court Quashes Homie Appeal, Delivers NAR Victory
RE Q&A: Should I Add My Daughter’s Name to My House Deed to Avoid Probate Costs?
Solar Panels – Questions to Ask Before Contract
