Dadeland Mall adds to mortgage

Dadeland Mall

The Dadeland Mall’s mortgage has been increased to $450 million
following an increase of $275.6 million from co-lenders Prudential
Insurance and New York Life, according to the South Florida Business
Journal. The mall, which is located at 7535 SW 88th Street, is
considering expanding, according to Jeremy Larkin, president of NAI
Miami Commercial Real Estate Services Worldwide. Tenants at the
property, which is popular among Latin American tourists, include JC
Penney and Saks Fifth Avenue. [SFBJ]