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MMG, Global buy Biscayne Plaza shopping center

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Real estate investment companies Global Fund Investments and MMG Equity Partners have acquired the 347,000-square-foot mall Biscayne Plaza in Miami, according to a release from the firms. Biscayne Plaza is located on the corner of Biscayne Boulevard and 79th Street. The property will undergo a “substantial” renovation, which will include the center’s facade, according to Ryan Holihan of Global. Major tenants at the 33-unit plaza include the 24,026-square-foot Sabor Tropical, the 21,895-square-foot dd’s Discount and [more]

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