Alterra Property Group Acquires Industrial Property In Medley For $8.9M

The industrial property located at 11500 NW 118th Way in Medley has been sold for a total price of $8,900,000. The property covers an area of 4 acres and was sold on November 12, 2021.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $8,900,000
• Address: 11500 NW 118th Way
• Market: Medley
• Acres: 4

The buyer of the property is Alterra Property Group, while the seller is Enrique Acosta. Representing the buyer's interests was Roberto Susi from Axiom Capital Advisors. On the seller's side, Nelson Varona from Your Commercial Realty Group acted as the representative.

This transaction marks an important deal within the industrial property market, showcasing the demand and value of properties in Medley. The involvement of Alterra Property Group and Roberto Susi from Axiom Capital Advisors further signifies the significance of this sale. The collaboration between Nelson Varona, representing Your Commercial Realty Group, and Enrique Acosta as the seller shows the efforts involved on both sides of the negotiation.