Doug Levine Acquires Industrial Property In Miami For $2,170,000 With Buyer's Brokers Mateo Romero & Alfredo Riascos

This transaction involves the sale of an industrial asset located at 2090 Northwest 75th Street in the Miami market. The sale price for the property was $2,170,000, and it encompasses a total of 2,520 square feet, equating to a price per square foot of $861.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $2,170,000
• Square Footage: 2,520 SF
• Price Per Square Foot: $861
• Buyer: Doug Levine
• Buyer's Broker: Mateo Romero & Alfredo Riascos - Gridline Properties & Compass

The transaction was facilitated by Mateo Romero and Alfredo Riascos, who represent the buyer. Notably, the property includes a fully built-out food production space, equipped with essential facilities such as a walk-in cooler, grease trap, exhaust hoods, gas lines, and a fire suppression system. This type of turn-key kitchen space is highly desired in South Florida, demonstrating the competitive nature of the market.