The Real Deal Miami

Lauderdale Lakes mall sells for $23M

May 04, 2012 10:30AM

Investor Yoram Izhak has paid $23 million for the Lakes Mall in Lauderdale Lakes, the South Florida Business Journal reported. The deal follows Izhak’s purchase of the Lauderhill Mall in March for $18 million. Last month, he bought another retail center in Sunrise. Tenants at the property include Burger King and Burlington Coat Factory and Aldi. The transaction was financed by a mortgage from FirstBank Puerto Rico. [SFBJ]