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Miami Beach investor Sam Herzberg purchased the Brown Jordan furniture showroom yesterday for $13 million, funded by a $6 million loan with Wells Fargo Bank. The seller, Chariff Realty, developed the two-story property on the 0.08-acre parcel - which was purchased for just $275,000 in 2013.
This showroom totals 8,600 square feet and stands just south of the Miami Design District, southwest of the Federal Highway and Interstate 195 intersection. A railroad sits directly east of the property.
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