Updated Oct 29, 2024
CenterPoint Properties Acquires Property In Miramar For $170.1 Million With CBRE Representation
2601 SW 145th Ave, Hollywood, FL, 3...
$170,100,000
Building Size
—
Asset Type
Commercial
Closing
May 2, 2022
About this deal
AI
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
Miramar Commercial Market Snapshot
Boundary boundary · Commercial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.09%
Cash-on-Cash
-0.03%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93