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Juan Antonio Bruno Perroni Filho Purchases 85,483 SF Industrial Property In Miami For $26.8M

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SOLD
$26,800,000

Florida

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Industrial85,483 SF
Sold 02/25/2025
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SOLD

Juan Antonio Bruno Perroni Filho Purchases 85,483 SF Industrial Property In Miami For $26.8M

1010 Northwest 72nd Street

See Similar Deals
Industrial85,483 SF
Sold 02/25/2025
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$313
Total Square Footage:85,483 SF
Transaction Type:Sale

A 4.7-acre industrial property located at 1010 Northwest 72nd Street in Miami has been sold. The asset features a warehouse with a total square footage of 85,483, which was transacted for a price of $26,800,000, translating to approximately $314 per square foot.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $26,800,000
  • Buyer: Juan Antonio Bruno Perroni Filho
  • Seller: Randy Kendrick - Xebec Realty
  • Square Footage: 85,483 SF
  • Market: Miami
  • Acres: 4.7
  • Price per Square Foot: $314

The sale was facilitated by Xebec Realty, represented by Randy Kendrick. Following this transaction, the company retains two remaining industrial projects in Miami-Dade, each with a size of 160,440 square feet, amounting to a total of 320,860 square feet, projected for completion by Q1.

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5 deals$196.6M volume
SELLER

Details

SOLD
IMAGE: Randy Kendrick DATE: 02/25/2025 ADDRESS: 1010 Northwest 72nd Street MARKET: Miami ASSET TYPE: Industrial ~ ACRES: 4.7 BUYER: Juan Antonio Bruno Perroni Filho SELLER: Randy Kendrick - Xebec Realty SALE PRICE: $26,800,000 SF: 85,483 ~ PPSF: $314 Note: Xebec Realty sold an 85,483 SF warehouse in Liberty City for $26.8M to an entity managed by Juan Antonio Bruno Perroni Filho. The firm now has two remaining industrial projects in Miami-Dade, each spanning 160,440 SF, for a total of 320,860 SF, expected to be completed by Q1.

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Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$95,214.75
Cash-on-Cash Return-1.27%
Monthly Debt Service$127,045.67
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