Premier Developers Acquires Retail Property In Westlake For $19.5M

The property asset involved in the transaction is a retail space located at 5060 Seminole Pratt Whitney Rd in the Westlake market. The sale price was $19,500,000, with a total square footage of 76,356, resulting in a price per square foot of $255.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $19,500,000
• Address: 5060 Seminole Pratt Whitney Rd
• Market: Westlake
• Square Footage: 76,356
• Price per Square Foot: $255
• Buyer: Premier Developers - Peter Tiflinsky
• Seller: Starwood Capital
• Brokers: Danny Finkle, Eric Williams, Kim Flores, Cameron Beck & Michael Kavaler - JLL

The key individuals involved in this transaction include Peter Tiflinsky representing Premier Developers as the buyer, and the seller was represented by Starwood Capital. The brokerage team from JLL comprised Danny Finkle, Eric Williams, Kim Flores, Cameron Beck, and Michael Kavaler, who facilitated the transaction.