The Southland Mall in Cutler Bay was sold to Electra America and BH Group. Genting Group received nine offers, five of which exceed $1 billion. Southland Mall Hours: Opening, Closing & Holidays Hours | January 2023 See the list", Miami International University of Art & Design, Adrienne Arsht Center for the Performing Arts, Phillip and Patricia Frost Museum of Science, Seminole Hard Rock Hotel & Casino Hollywood, Fort LauderdaleHollywood International Airport, https://en.wikipedia.org/w/index.php?title=Southland_Mall_(Miami)&oldid=1128442379, Shopping malls in Miami-Dade County, Florida, Short description is different from Wikidata, Infobox mapframe without OSM relation ID on Wikidata, Creative Commons Attribution-ShareAlike License 3.0, This page was last edited on 20 December 2022, at 04:24. What a bunch of satanic Liars and hypocrites. Subsequent additions extended the mall in the early to mid-1980s. Pyramid Promises MEMPHIS, Tenn. Project developments at Southland Mall have moved off the drawing board and toward reality with a storage facility set to open in July in the space formally occupied by Sears.. What is more important , what will the People get for the tidy sum of $ 368 million. In 1961, a strip plaza known as Palma Ceia (Portuguese for "Palm Supper") was completed, which contained a Lucky's, Thrifty Drug Store (now a Rite Aid), and other smaller stores. "Mr. Belk's commitment to the property, the extensive renovations completed in 2005 restoring Southland Mall to its prominent position as the flagship of retail businesses in Whitehaven and unique business strategies have placed Southland Mall on the road to continued success.". With an endowment from The Azarius Fund? Electra America is a partnership between The Lubeck Family and a subsidiary ofElectra Real Estate Ltd., an Israeli company founded in 1972 and publicly traded on the Tel Aviv stock exchange (TLV: ELCRE). The 976,889-square-foot Southland Mall was seized by a commercial mortgage-backed securities (CMBS) trust in February 2021 over a $68.7 million foreclosure judgment. Its really easy to research. BH has extensive experience in taking a project from acquisition through opening; specifically overseeing all phases of development and asset management. Just hit yes and continue on your way. Total retail floor area. "Southland Mall's 40th anniversary was truly an occasion to remember, bringing the community together to celebrate its history and its continued success," Rixter said. CommercialEdge: Stamp It! The total project, to be completed over a seven-year time frame, is expected to create approximately 2,700 new jobs and generate $44 million in property taxes ad valorem revenue in the first five years ($6.1 million to Cutler Bay), and up to $491 million ($75.2 million to Cutler Bay) over a 20-year period. Download this report and discover how CRE organizations are driving process efficiencies, sustainability and security for spaces, buildings and lives.
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