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PPG Development Acquires Bay Harbor Towers For $32 Million

August 2, 2022

PPG Development, led by Ari Pearl, have acquired Bay Harbor Towers, located at 10141 and 10143 East Bay Harbor Drive. The 1.03-acre property sold for $32 million, which equated to a price of $1,066,667 per existing unit. The transaction was overseen by Cary Cohen of Blanca Commercial Real Estate and Deme Mekras of MSP Group.

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In Acquisitions, Bay Harbor Islands, Commercial, Development, Development News, Development Sites, News, News & Features, Private Equity, Traded Tags News & Features, News, Acquisitions, Closed, Traded, Ari Pearl, PPG Development, Bay Harbor Towers, 10141 East Bay Harbor Dr., 10143 East Bay Harbor Drive, Cary Cohen, Blanca Commercial Real Estate, Deme Mekras, MSP Group, Commercial, Development News, Development, Development Sites, Private Equity, Bay Harbor, Bay Harbor Islands, August 2022
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