Ivy Realty Acquires Industrial Property In Miami-Dade County For $30.5M

18770 Northeast 6th Avenue, Miami, FL, USA & 18770 Northeast 6th Avenue, Miami, FL, USA

$30,500,000

$55/SF

Building Size

549,739 SF

Asset Type

Industrial

Closing

Mar 29, 2020

AI

An industrial property located at 18770 Northeast Sixth Avenue in Miami-Dade County has been sold for $30,500,000. The property spans a total area of 234,739 square feet and was acquired at a price of $130 per square foot.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $30,500,000
Address: 18770 Northeast Sixth Avenue
Market: Miami-Dade County
Square Footage: 234,739

The buyer of this property is Ivy Realty, while the seller is 18770 Miami LLC - Michael Herman. The transaction was facilitated by Melissa Rose and Christopher Gathman from Ackman-Ziff.

Players