Nuveen Acquisition of The Link at Douglas Mixed-Use TOD, Miami, FL

Deal value: $142,000,000

Nuveen acquired The Link at Douglas, a 500,000 SF mixed-use TOD in Miami, Florida, featuring residential, retail, and office components adjacent to the Douglas Road Metrorail station.

Nuveen's acquisition of The Link at Douglas is driven by the strategic appeal of transit-oriented developments (TODs) in high-growth urban markets. The property’s direct adjacency to the Douglas Road Metrorail station positions it to capture demand from renters and businesses seeking connectivity, urban amenities, and resilience to shifting mobility trends. The investment reflects a belief in Miami’s continued population and employment growth, as well as the long-term value of mixed-use assets that integrate residential, retail, and office in a supply-constrained, transit-rich corridor.