facebook
Traded Co logo
Submit

CenterPoint Properties Acquires Property In Miramar For $170.1 Million With CBRE Representation

Property Image
SOLD
$170,100,000

Florida

See Similar Deals
Commercial
Sold 05/02/2022
the dealplayerscompscontact
Property Image
SOLD

CenterPoint Properties Acquires Property In Miramar For $170.1 Million With CBRE Representation

2601 SW 145th Ave, Hollywood, FL, 3...

See Similar Deals
Commercial
Sold 05/02/2022
Contact now

Summary

FLORIDA
Asset Type:Commercial
Transaction Type:Sale

The property asset involved in this transaction is located at 2601 SW 145th Ave, Hollywood, FL within the Miramar market. The transaction was executed at a price of $170,100,000.00. The asset has a total square footage of 0.

Summary of transaction details:

  • Property Type: Sale
  • Transaction Amount: $170,100,000.00
  • Address: 2601 SW 145th Ave, Hollywood, FL
  • Market: Miramar
  • Seller's Representatives: José Lobón-CBRE, Frank Fallon-CBRE
  • Buyer: CenterPoint Properties

The key individuals involved in this transaction include José Lobón and Frank Fallon representing the seller through CBRE. CenterPoint Properties acted as the buyer in this deal.

Players

Frank Fallon
20 deals$1.6B volume
BROKER

CenterPoint Properties
BUYER

Details

SOLD
IMAGE: 2601 SW 145th Ave, Hollywood, FL, 3... MARKET: Miramar SELLER'S REP: José Lobón-CBRE, Frank Fallon-CBRE BUYER: CenterPoint Properties SELLER: PRICE: $170,100,000.00 SF: 0

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$9,072,000.00

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$604,329.37
Cash-on-Cash Return-1.27%
Monthly Debt Service$806,360.78
Annual Debt Service$9,676,329.37