B Group Acquires Development Site On Biscayne Boulevard In Miami For $23M

A development site located at 7880 Biscayne Boulevard in Miami has been sold for $23,000,000. The property spans an area of 155,073 square feet, resulting in a price per square foot of $148.

Summary of transation details

• Property Type: Development Site
• Transaction Amount: $23,000,000
• Address: 7880 Biscayne Boulevard, Miami
• Market: Miami
• Buyer: B Group - Guido Barbagallo
• Buyer's Representative: Sebastian Faerman & Fabio Faerman - FA Commercial
• Seller's Representative: Jay Ziv - Avison Young
• Square Footage: 155,073
• Price per Square Foot: $148

Sebastian Faerman and Fabio Faerman from FA Commercial represented the buyer, B Group - Guido Barbagallo, in the transaction. On the other side, Jay Ziv from Avison Young served as the seller's representative.