NORTH MIAMI BEACH, Fla.--(BUSINESS WIRE)--Faith Investment Properties Group (FIP) is pleased to announce today that it recently acquired two office buildings named Venture Center in North Miami Beach for $7M. The FIP Group was represented through their Affiliate Brokerage FIP Realty Services LLC. FIP saw an opportunity to expand further into the medical office market where they already hold several Medical Buildings within close proximity to Jackson North Medical Center. Roy Faith, broker of FIP Realty stated: “We feel that the city of North Miami Beach is currently under appreciated and has lots more to come in the way of development. Our group are experienced operators of medical and office buildings and have existing relationships with many local Medical tenants whom need to be close to a hospital. The buildings have minimal vacancy in which we are already talking to a number of medical groups to Lease. The buildings are situated in a great location right off the golden glades interchange which makes it very accessible for patients and doctors.” With an adopted plan to design and redevelop North Miami Beach, under new development procedures there will be new mixed-use projects and parks making it desirable to reside and work in North Miami Beach.
“North Miami Beach is becoming a mecca for luxury living and lifestyle in South Florida. We see an ever expanding demand to work and live in this City,” says Faith. “With luxury IPic theater opening east on 163rd in Intracoastal Mall, the soon to be completed Marina Palms on Biscayne BLVD, and the proposed new Harbour development by Maule lake, we see what was once an a ignored City to becoming a focal point in South Florida.”
Faith Investment Properties Group are based in Aventura, Florida and have a consistent track record of acquiring commercial properties, which have significant upside and value add opportunities that has helped the FIP Group build a strong portfolio and a solid reputation in South Florida.
FIP hold a wide range of Investments including Multifamily, Retail Plazas, and Office buildings within the Tri County area.
FIP Realty services have offices in Aventura, Hallandale, Wynwood and Miramar.
Venture Medical and Offices enquiries to: