The Real Deal highlighted Akerman’s representation of River Oaks Properties in its $27 million acquisition of a retail building in Miami’s Design District. The transaction underscores the firm’s involvement in high-profile commercial real estate deals across South Florida’s most active submarkets.
The property, located at 111 Northeast 40th Street, is leased to Birkenstock and Rimowa and spans 7,106 square feet. The two-story building sold for $5.5 million more than its previous sale nine years ago, reflecting the continued strength of the luxury retail market in the area.
The Akerman team advising River Oaks included:
- Neisen Kasdin, Co-Managing Partner of Akerman's Miami office
- Ben Wilson, Partner, Real Estate Practice Group
- Marissa Amuial, Partner, Real Estate Practice Group
- Jorge Delgado, Associate, Real Estate Practice Group
Akerman regularly advises clients on some of South Florida’s most significant real estate transactions, providing legal and strategic insight into the region’s evolving commercial landscape.
Click here to view this news.