Investment Firms Buy Southland Mall, Plan To Modernize It, Build High Quality Housing

CBS Miami

May 7, 2022

Southland Mall in Cutler Bay has been acquired by two real estate investment firms that have big plans for the property.

Electra America, a real estate private equity firm, and BH Group, a Miami-based private real estate investment firm, paid just over one hundred million dollars for the roughly 809,000 square foot mall which is on about 80 acres of land.

The partners are planning a major mixed-use redevelopment of the site.

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