Stiles buys site in Miami-Dade business park to build retail center


An affiliate of Stiles Corp. acquired a site in the Beacon Lakes business park just west of the Dolphin Mall in Miami-Dade County so it can build a shopping center.

AMB Codina Beacon Lakes LLC, an affiliate of Prologis (NYSE: PLD), sold about 45 acres at Northwest 117th Place and Northwest 20th Street for $8 million to S/VIIB Beacon Lakes LLC, managed by Fort Lauderdale-based Stiles Corp. The property is off Florida’s Turnpike and the Dolphin Expressway, near Telemundo’s new headquarters. A…

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