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Trammell Crow Residential Acquires Development Site In Miramar For $9.75M

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SOLD
$9,750,000

Florida

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Development Site389,862 SF
Sold 11/12/2021
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Property Image
SOLD

Trammell Crow Residential Acquires Development Site In Miramar For $9.75M

3100 Southwest 145th Avenue, Miami, FL 33175

See Similar Deals
Development Site389,862 SF
Sold 11/12/2021
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Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$25
Total Square Footage:389,862 SF
Transaction Type:Sale

The recently closed property transaction in Miramar involved the sale of a development site located at 3100 SW 145th Avenue. The site, spanning 389,862 square feet, was sold by Workspace Property Trust to the buyer, Trammell Crow Residential. The transaction was facilitated by brokers Mark M. Rubin and Keith O'Donnell from Avison Young.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $9,750,000
  • Address: 3100 SW 145th Avenue
  • Market: Miramar
  • Buyer: Trammell Crow Residential
  • Seller: Workspace Property Trust
  • Brokers: Mark M. Rubin & Keith O'Donnell - Avison Young
  • Units: 250
  • Price Per Unit: $39,000
  • Building Square Footage: 389,862
  • Price Per Building Square Foot: $25

The sale of this development site presents an opportunity for Trammell Crow Residential to cultivate and create a new residential project in Miramar. With the expertise and support of the brokers Mark M. Rubin and Keith O'Donnell from Avison Young, the buyer can navigate the real estate market and develop a thriving community in this rapidly growing area.

Players

Mark M. Rubin
37 deals$896.8M volume(561) 302-2511
BROKER

Keith O'Donnell
Avison Young
11 deals$165.8M volume(561) 893-7011
BROKER

BUYER

Details

SOLD
IMAGE: Keith O'Donnell & Mark M. Rubin DATE: 11/12/2021 ADDRESS: 3100 SW 145th Avenue MARKET: Miramar ASSET TYPE: Development Site BUYER: Trammell Crow Residential (@TramellCrowResidential) SELLER: Workspace Property Trust (@WorkspacePropertyTrust) BROKERS: Mark M. Rubin & Keith O'Donnell - Avison Young SALE PRICE: $9,750,000 UNITS: 250 ~ PPU: $39,000 BSF: 389,862 ~ PPBSF: $25

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