MC Equity bulks retail holdings with $74M Doral shopping center purchase

IMC Equity Group is closing out 2025 by picking up for a 4-year-old, nearly fully leased shopping center in Doral.  North Miami-based IMC Equity, led by Yoram Izhak, paid $74 million for Doral Square, a 150,000-square-foot, three-level retail building completed in 2001 by David Martin’s Coconut Grove-based Terra, according to a news release. The price amounts to $493 per square foot. Terra paid $12.5 million for the 3.9-acre development site at 3737 Northwest 87th Avenue in 2018, records show. Mark Gilbert with Cushman & Wakefield brokered the transaction.  Doral Square was listed without an asking price, but the buyer based […]

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