Shelton Academy Acquires Storage Facility In Doral For $13.2M

A storage facility in Doral has been sold for $13,200,000. The property, located at 9455 NW 40th Street Road, spans a total area of 75,164 square feet, resulting in a price per square foot of $176. The transaction took place on May 4, 2021.

Summary of transation details

• Property Type: Storage Facility
• Transaction Amount: $13,200,000
• Address: 9455 NW 40th Street Road
• Market: Doral

The buyer of the storage facility was Shelton Academy, while the seller was Gel Realty LLC. Representing the buyer was The Katsikos Group, with Jack & Lee Katsikos acting as their brokers. On the seller's side, Cushman & Wakefield's Miguel Alcivar, Wayne Ramoski, Gian Rodriguez, and Skylar Stein, along with David Haut from Benchmark Associates, served as the seller's representatives in the deal.