Shortly after Bacardi U.S.A moved its headquarters into a Coral Gables office tower, one of the world’s richest men picked up the building for more than $120 million.
Amancio Ortega, a Spanish apparel entrepreneur and founder of the chic clothing retailer Zara, paid more than $478 a square foot, for the 251,000-square-foot mid-rise at 2701 LeJeune Road. A source familiar with the deal – who declined to be named – said the sale price was $120 million to $130 million.
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