The Real Deal Miami

Developer Robins pays $27 million for four Design District properties

By Alexander Britell | November 14, 2011 04:12PM

Developer Craig Robins is continuing his buying spree in the increasingly-active Design District in Miami, according to deeds filed in Miami-Dade County Circuit Court, taking four properties for a total of $27.3 million.

“[Robins] has been very active,” said Lyle Chariff, president of Chariff Realty Group, who facilitated the transaction for the buyers and the sellers.

The four properties, which were each recorded this month, are located in the Design District; Robins purchased the properties through limited liability companies.

Chariff and colleague Mauricio Zapata facilitated the transactions, which are as follows:

Lady Jane Acquisitions took 99 NE 39th Street for $10 million; Norwegian Wood Acquisitions bought 92 NE 40th Street for $7 million; Lovely Rita Acquisitions bought 95 NE 40th Street for $8.2 million and Amir Lots purchased 3815 NE Miami Court for $2 million.

“We’ve seen lots of action since the announcement of high-end luxury retail tenants moving to the district,” Chariff said.

Robins declined to comment.