Bank Of America Private Wealth Management Acquires Homestead Industrial Property For $4.5M

A 32,453 square foot industrial property located at 1551 Southeast 36th Avenue in Homestead has been sold for $4,500,000. The property was purchased by Bank of America Private Wealth Management from the seller Sure Equity. The transaction was facilitated by brokers Brian Smith, Cody Brais, and Luis Castillo. The property is situated in a prime location in the industrial market.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $4,500,000
• Square Footage: 32,453
• Price Per Square Foot: $166
• Date: 12/31/2020
• Address: 1551 Southeast 36th Avenue, Homestead
• Buyer: Bank of America Private Wealth Management
• Seller: Sure Equity
• Brokers: Brian Smith, Cody Brais, and Luis Castillo

This successful transaction highlights the strong demand for industrial properties in the Homestead market. The involvement of Bank of America Private Wealth Management as the buyer further emphasizes the attractiveness of this investment. The expertise provided by brokers Brian Smith, Cody Brais, and Luis Castillo played a crucial role in facilitating the transaction and ensuring a smooth process for all parties involved.