Adler Group forms new fund

The Miami-based Adler Group has formed the Helios AR Real Estate Fund I, a $100 million fund for the purchase of income-producing commercial properties. The fund purchased Tampa’s Breckenridge Park for $28.4 million in mid-October and a 252,000-square-foot portfolio in Naples in August. The fund will buy office, industrial, and retail properties in the southeast and mid-Atlantic regions.

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