The property involved in this transaction is an industrial asset sold for $13,300,000. Located at 10325 Southwest 112th Avenue, Miami, the building encompasses 35,000 square feet and is fully leased. The property is recognized for its stable cash flow and future redevelopment potential, with strategic access and strong tenant credit contributing to its value.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $13,300,000
• Address: 10325 Southwest 112th Avenue
• Market: Miami
• Square Footage: 35,000
• Price Per Square Foot: $380
• Buyer: Drew DeWitt & David G. Archibald - East Capital Partners LLC
• Seller: Dunnagall Partners, LLC
• Brokers: Derrick Dougherty - Marcus & Millichap; Matthew Bittel, Miguel Alcivar & Stuart Gordon - Cushman & Wakefield

Cushman & Wakefield was instrumental in facilitating the transaction, representing East Capital Partners in acquiring the asset from Dunnagall Partners. This deal signifies a strategic investment in a mission-critical flex industrial building that offers reliable revenue generation and potential for future development.