Brookfield Property Group Acquires Industrial Property In Miramar For $29M

The industrial property located at 15800 SW 25th Street in Miramar has been sold. The transaction took place on 06/02/2021. The property, spanning 92,000 square feet, was purchased by Brookfield Property Group for a total amount of $29,000,000. The sale price per square foot is $315. The property sits on 11 acres, with a price per acre of $2,636,634. The seller of the property was 15800 Building LLC.

Summary of Transaction Details:

• Property Type: Industrial
• Transaction Amount: $29,000,000
• Address: 15800 SW 25th Street, Miramar
• Market: Miramar

The brokers involved in the deal were Steve Medwin, Nick Wigoda, and Alan Long from Newmark. They represented the buyer, Brookfield Property Group, in the transaction.