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Fairholme Capital Acquires Miami Acre for $7.6M

Mecca Sells Development Land
By Heather Berwanger
July 10, 2013 | 1:51 P.M.

Fairholme Capital acquired a 47,415-square-foot development site at 246 NE 26th Terr. in Miami, FL from Mecca LLC for $7.6 million, or approximately $6.98 million per acre. Fairholme plans to develop an office building on the site.

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