Romero Britto Acquires Commercial Property In Miami's Little River For $5.2 Million

Romero Britto expanded his footprint in Miami’s Little River with a purchase of a 57,187-square-foot commercial property at 810 Northwest 72nd Street, Miami, FL. The transaction was finalized for $5,200,000, equating to $91 per square foot. The property is located directly across from Britto's Britto Palace headquarters.

Summary of transaction details:

• Property Type: Commercial
• Transaction Amount: $5,200,000
• Square Footage: 57,187
• Address: 810 Northwest 72nd Street
• Market: Miami, FL
• Seller's Representative: Alfredo Riascos - Gridline Properties
• Buyer's Representative: Jason Zarco - Berkshire Hathaway HomeServices EWM Realty
• Counsel: Salomon Victor Bagdadi - Perlow Kornik Dorot & Bensimon

The deal, brokered by Berkshire Hathaway HomeServices EWM Realty and Gridline Properties, deepens Britto’s investment in Little River as an emerging creative and redevelopment hub amid extensive planned mixed-use projects in the area.