Updated Mar 11, 2025
Bridge Investment Group Acquires Industrial Property In Miami Dade For $3.4M
10701 NW 107th Ct, Medley, Florida 33178, United States
$3,400,000
$219/SF
Building Size
15,468 SF
Asset Type
Industrial
Closing
Jan 13, 2022
About this deal
AI
The industrial property located at 10701 NW 107 Ct in Miami Dade has been sold in a closed transaction. The property spans a total of 15,468 square feet, with a price per square foot of $220. The sale took place on January 14, 2022, with a sale price of $3,400,000. The buyer of the property was Bridge Investment Group, while the seller was Joe Rego. The deal was facilitated by Alexander Bernaldo, SIOR of Americas Commercial Real Estate.
Summary of transaction details
- Property Type: Industrial
- Sale Price: $3,400,000
- Square Footage: 15,468
- Price Per Square Foot: $220
- Buyer: Bridge Investment Group
- Seller: Joe Rego
- Broker: Alexander Bernaldo, SIOR - Americas Commercial Real Estate
The transaction involved key individuals and companies in the real estate market. Bridge Investment Group acted as the buyer, while Joe Rego served as the seller. Alexander Bernaldo, SIOR of Americas Commercial Real Estate represented the parties involved in the deal.
On the Map
$3,400,000
$219/SF
Industrial
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Players
Medley Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
4.67%
Cash-on-Cash
-1.33%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93