August 20, 2014
Chris Deitz of Fite Shavell & Associates has brokered a $97.5 million deal for 6.5 acres in Brickell that will become Miami Riverwalk.
Joe and Meyer Chetrit of CG Florida Properties in partnership with Miami developer Ari Pearl, purchased the eight adjacent properties with 20 addresses.
“In early 2012, the real estate on the island was still slow, and I heard that Miami was starting to take off again,” Deitz said. “I went down and started to scout areas where I could assemble property in close proximity of other upcoming developments. I proceeded to call over the next few months and secured a continuous assemblage of property.”
Source: The Real Deal