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Ikea inks $31.5M deal in Miami

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Following reports that Swedish furniture and meatball vendor Ikea was planning to open a store near Sweetwater’s Dolphin Mall by fall 2014, the chain has closed on site in a $31.5 million deal, the South Florida Business Journal reported. The 15-acre site next to Dolphin Mall, located  at the intersection of Dolphin Expressway and Florida’s Turnpike, will contain some 417,000 square feet of retail space — making it the largest of Ikea’s South Florida locations. Procacci Development [more]



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