Canada Global, an Israeli real estate company led by Barak Rosen and Assaf Touchamir, has acquired a prime property in downtown Miami for $116 million. The 1.1-acre site, situated at 110 NE 1st Street, includes a 50,000-square-foot commercial building and is set to become a significant mixed-use development.
The acquisition marks another step in Canada Global's strategic expansion in the U.S. market. The company plans to redevelop the property into a multi-purpose project with residential units, commercial spaces, and hotel accommodations, leveraging its prime location in the heart of Miami.
This purchase underscores Canada Global’s commitment to growing its presence in international markets and delivering high-value developments in key urban areas.
