Clarion pays $109M for commercial building lease off Lincoln Road

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The Lincoln at 1691 Michigan Avenue (Credit: Dan Forer via Arquitectonica)

Updated, April 18, 1:30 p.m.: Clarion Partners paid $109.25 million in cash for the ground lease of the Lincoln, a mixed-use office and retail building off of Lincoln Road in Miami Beach, records show.  The owners, a public/private partnership…

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