The Lincoln Road building that’s home to Mr. Jones just sold for the third time since 2019! 🏢
Dallas-based Tabani Group bought the retail building at 318-344 Lincoln Road, right next to CVS, for $18.4 million.
It’s been a bumpy few years for this one.
The building sold for $20.5 million in 2019, went through foreclosure, and then sold for $13.6 million in 2024. 😮
The good news is that Lincoln Road seems to be bouncing back.
The business district says 80% of the strip was leased as of July 2026, and many of those empty storefronts are actually leased and just waiting on permits.
I’ll keep you posted as new spots start opening! 👀
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Transcript
Hey South Beach! The Lincoln Road building that's home to Mr. Jones just sold for the third time since 2019.
If you're new here, my name is Amara, and I do video marketing for small businesses, and I keep up on all things South Beach so you don't have to.
A Dallas-based group called Tabani Group bought the retail building at 318 to 344 Lincoln Road, right next to CVS, for $18.4 million.
The building itself has had a few bumpy years. It sold for $20.5 million in 2019, then went through foreclosure, and sold for $13.6 million in 2024.
It's also a sign of what's happening on Lincoln Road overall. The business district says that 80% of the strip was leased as of July 2024, and a lot of the empty storefronts that you see are actually leased, they're just waiting on permits to go through.
