German investment fund buys 1111 Lincoln Road for $283M

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1111 Lincoln

In one of the biggest deals on Miami Beach’s Lincoln Road, German investment fund Bayerische Versorgungskammer (BVK) paid $283 million for 1111 Lincoln and an adjacent property. CBRE Global Investors and German investment firm Universal-Investment acquired the mixed-use parking garage and nearby retail space on behalf of BVK, CBRE

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