Daniel Shapiro's Lannar Elementary Schools Acquires Industrial Properties In North Miami Beach For $10M

A prime industrial property assemblage in North Miami Beach has been sold in an off-market deal. The assemblage consists of four properties located at 1998 NE 161st St, 2000 NE 161st St, 2054 NE 161st St, and 2051 NE 160th St, along with vacant land. The total square footage of the buildings is 33,713 SF, with a price per square foot of $297. The land spans an area of 101,555 SF, with a price per square foot of $98. The transaction took place on 10/28/2022 and the sale price was $10,000,000.

Summary of transaction details

• Property Type: Industrial & Vacant Land
• Transaction Amount: $10,000,000
• Building Square Footage: 33,713 SF
• Price per Building Square Foot: $297
• Land Square Footage: 101,555 SF
• Price per Land Square Foot: $98

The buyer, Daniel Shapiro, represented Lannar Elementary Schools, while the seller was James Robbins, associated with JJ Realty & 160 Warehouse. The transaction was facilitated by brokers Jason Abitbol and Miguel Pinto from APEX Capital Realty. For more off-market opportunities, interested parties can reach out to [email protected].