Canada Global, led by Barak Rosen and Assaf Touchmair, has acquired a prime property in downtown Miami for $116 million. The 1.1-acre site at 110 NE 1st Street currently features a 50,000-square-foot commercial building and holds significant development potential.
The purchase aligns with Canada Global’s strategic expansion into the U.S. real estate market, focusing on high-value properties in premium locations. The company plans to transform the site into a mixed-use development featuring residential, commercial, and hotel spaces, capitalizing on the property’s strategic position in the heart of Miami.
With this acquisition, Canada Global strengthens its international portfolio and reinforces its reputation as a major player in the global real estate market.