Midtown Capital Partners Acquires Opa-locka Industrial Property For $11M

An industrial property located at 13700-13740 Northwest 19th Avenue in Opa-locka has been sold for $11,000,000. The property spans approximately 82,000 square feet, resulting in a price per square foot of $134. The transaction took place on December 7, 2020. The buyer in this deal was Midtown Capital Partners, represented by Alejandro Velez. The seller was Danron Management Inc. Benjamin Silver and Sebastian Misiewicz from Marcus & Millichap acted as brokers in the transaction.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $11,000,000
• Address: 13700-13740 Northwest 19th Avenue, Opa-locka
• Market: Opa-locka
• Buyer: Midtown Capital Partners - Alejandro Velez
• Seller: Danron Management Inc.
• Brokers: Benjamin Silver & Sebastian Misiewicz - Marcus & Millichap
• Square Footage: 82,000
• Price Per Square Foot: $134

The involvement of Midtown Capital Partners, represented by Alejandro Velez, demonstrates their interest in acquiring industrial properties. Benjamin Silver and Sebastian Misiewicz, from Marcus & Millichap, were responsible for facilitating the transaction as brokers. This successful sale in Opa-locka highlights the ongoing demand for industrial assets in the area.