Miami investor Sam Herzberg turned a quick $26 million profit on property that he bought in the Design District just two years ago.
Herzberg paid $19.3 million for the portfolio of commercial buildings in 2012, and sold them this month to Thor Equities for $45.4 million, according to TRD. Herzberg also owns Lincoln Road’s Sterling Building.
Thor spent $76 in recent months assembling property on the same block, and lists a new Alan Shulman-designed project on the company website.
