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Trammell Crow And The Carlyle Group Acquire Development Site In Miami From Costco Wholesale Corp

Property Image
SOLD
$19,200,000

Florida

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Development Site146,599 SF
Sold 12/31/2020
the dealdetailscomps
Property Image
SOLD

Trammell Crow And The Carlyle Group Acquire Development Site In Miami From Costco Wholesale Corp

8300 Park Boulevard, Doral, Miami-Dade, FL, USA

See Similar Deals
Development Site146,599 SF
Sold 12/31/2020
the dealdetailscomps

Summary

FLORIDA
Asset Type:Development Site
Price Per Square Foot:$131
Total Square Footage:146,599 SF
Transaction Type:Sale

Trammell Crow and The Carlyle Group have acquired a development site located at 8300 Park Boulevard in Miami. The property spans 11.3 acres and was sold by Costco Wholesale Corp for a price of $19,200,000. The transaction was facilitated by Apex Capital Realty.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $19,200,000
  • Address: 8300 Park Boulevard
  • Market: Miami

The buyer, Trammell Crow, is represented by Ken Valach, while The Carlyle Group is represented by Kewsong Lee. The seller, Costco Wholesale Corp, divested the property. Apex Capital Realty acted as the broker in the deal.

Players

CC
Costco Wholesale Corp.
SELLER

Details

SOLD
IMAGE: Ken Valach, W. Craig Jelinek, & Kewsong Lee DATE: 12/31/2020 ADDRESS: 8300 Park Boulevard MARKET: Miami ASSET TYPE: Development Site BUYER: Trammell Crow - Ken Valach, The Carlyle Group - Kewsong Lee SELLER: Costco Wholesale Corp BROKER: Apex Capital Realty PRICE: $19,200,000 ACRES: 11.3 ~ PPA: $1,699,115

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