Aria Development Group Continues to Expand Collins Avenue Retail Portfolio

Aria Development Group, the real estate development and investment firm behind 321 Ocean, announced today the acquisition of its second Miami Beach commercial property, a four-storymixed-use historic building located at 727 Collins Avenue. Known as the London Arms building, the property totals approximately 22,000 square feet and was purchased for $6.5 million in partnership with Wexford Capital.