Menesse International And Lucid Investment Group Acquire Development Site In Miami For $23.5M

143 SW 9th St

$23,500,000

Building Size

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Asset Type

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Closing

Sep 15, 2022

AI

A development site located at 143 SW 9th St in Miami has been sold for $23,500,000. Spanning 30,000 square feet, the property was purchased by Menesse International and Lucid Investment Group. The price per square foot for this transaction was $783.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $23,500,000
Address: 143 SW 9th St
Market: Miami
Buyer: Menesse International; Lucid Investment Group - Andrew Rasken
Seller: Santiago Vanegas
Buyer's Representative: Margarita Sanclemente & Juan Jose Velasquez - Sanclemente Group - Douglas Elliman
Seller's Representative: Alfonso Jaramillo - Fortune International Realty
SF: 30,000
PPSF: $783

Margarita Sanclemente and Juan Jose Velasquez from the Sanclemente Group at Douglas Elliman represented the buyers in this transaction. Alfonso Jaramillo from Fortune International Realty represented the seller.

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