Updated Aug 25, 2026
Mitchell Vento Acquires 29,157 Square Foot Industrial Facility In Miami From Yuri Libson For $7M
1160 Northwest 163rd Drive
$7,000,000
$240/SF
Building Size
29,157 SF
Asset Type
Industrial
Closing
Aug 11, 2026
About this deal
AI
Mitchell Vento acquired an industrial facility located at 1160 Northwest 163rd Drive in the Miami market. The asset spans 29,157 square feet and was sold for $7 million, translating to approximately $240 per square foot.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $7,000,000
- Sale Date: 08/11/2026
- Seller: Yuri Libson
- Buyer: Mitchell Vento
This transaction involved Mitchell Vento as the buyer and Yuri Libson as the seller, reflecting a strategic acquisition within Miami's industrial market.
The industrial sale at 1160 Northwest 163rd Drive in Miami, Florida sold for $7M in 2026. The building is 29,157 square feet, implying about 240 per square foot on the published price. This page is the Miami, Florida file for the 1160 Northwest 163rd Drive industrial sold: pricing, party profiles, and other closed industrial comps from the same Miami sit in the Market section below. Filter that Miami industrial set by closing date to see what else sold near 1160 Northwest 163rd Drive around 2026. Published consideration for 1160 Northwest 163rd Drive is $7M, dated 2026. Cite this Mitchell Vento Acquires 29,157 Square Foot Industrial Facility In Miami From Yuri Libson For $7M sale when underwriting similar industrial product around Miami, Florida.
Players
Miami 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
2.27%
Cash-on-Cash
-0.65%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93