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6801 Northwest 77th Avenue

Drew Dewitt & David Archibald Of East Capital Partners Secure $29.97M Refinance Loan In Miami
FINANCEDIndustrial

Drew Dewitt & David Archibald Of East Capital Partners Secure $29.97M Refinance Loan In Miami

6801 Northwest 77th Avenue

$29,073,000

$159/SF

Building Size

182,575 SF

Asset Type

Industrial

Closing

Sep 29, 2025

AI

The property asset involved in the transaction is an industrial asset located at 6801 - 7500 Northwest 77th Avenue in the Miami market. It encompasses a total square footage of 183,945 and is associated with a refinance loan amount of $29,973,000.

Summary of transaction details:

Key individuals in this transaction include Drew Dewitt and David Archibald, representing the landlord, East Capital Partners. The brokers facilitating the transaction are Melissa Rose, Jovi Rodriguez, and Duncan Miller, all affiliated with JLL, ensuring a successful refinance process for the asset.

Players

Melissa Rose

JLL

Broker

$3.2B

vol

54 deals

Broker
Bank United
Bank UnitedLender

David Archibald

Landlord

$171.1M

vol

6 deals

Landlord

Miami Industrial Market Snapshot

Boundary boundary · Industrial · Loan transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.55%

Cash-on-Cash

-0.16%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93