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Pebb Capital And LeaseFlorida Sell Trophy Miami Beach CVS For $17.73 Million

May 24, 2022

Pebb Capital, in a partnership with LeaseFlorida, has sold a trophy retail condominium asset on Miami Beach for $17.73 million to California-based Cove Capital Investments. CVS Health (CVS), the largest national pharmacy health care provider and a publicly traded company, is the long-term tenant, which signed a 25.5-year lease in May 2021.

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In Acquisitions, Closed, Commercial, Miami Beach, Invest, Investment News, News, News & Features, Private Equity, Traded Tags PEBB Enterprises, Pebb Capital, PEBB, Commercial, Acquisitions, Closed, Traded, CVS Pharmacy, May 2022, News, News & Features, Cushman & Wakefield, Cushman and Wakefield, National Net Lease Group, Blake Tagmyer, Brandon Price, Greg Mason, Emerald Creek Capital, 4000 Collins Ave., Todd Rosenberg, featured, Featured, Miami Beach, Private Equity, Cove Capital Investments
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