Regal Acquisitions, a real estate investment firm headquartered in New York City, has acquired the 35,482 s/f retail component of 2000 Collins Avenue in South Beach, Miami, from Madison Capital.
Situated between 20th and 21st streets and between Collins Ave and Liberty Avenue, the site is located across the street from the Setai hotel.
The property is anchored by CVS. Other tenants include Joe & The Juice, Sweet Liberty Brothers, Orange Blossom Restaurant, Hennah Nail Salon, and the Anthony Liggins Gallery. It is also home to Raspoutine, a nightclub owned by the Bagatelle Group.
The majority of the Regal Acquisitions portfolio is situated in New York City and its surrounding metropolitan area. In addition to the new Miami Beach acquisition, the company’s other properties are located in the greater Philadelphia area and in Las Vegas.