Lincoln Property Company National Acquires Development Site In Doral For $16M

A development site in Doral has been sold for $16,000,000. The property, located at 3450 Northwest 85th Court, spans 3.4 acres. The sale took place on December 13, 2021, and involved the buyer, Lincoln Property Company National, and the sellers, Shoma Group represented by Masoud Shojaee, and Related Group represented by Jorge Pérez and Jon Paul Pérez.

Summary of transaction details:

• Property Type: Development Site
• Transaction Amount: $16,000,000
• Address: 3450 Northwest 85th Court
• Market: Doral
• Acres: 3.4

In this deal, Lincoln Property Company National acquired the development site from the Shoma Group and Related Group. The buyer was represented by Masoud Shojaee, Jon Paul Pérez, and Jorge Pérez. The details of the transaction indicate the active real estate market in Doral and the significant investment made by Lincoln Property Company National.