Cabessa Real Estate & Investments Acquires Margate Industrial Property For $10.7M With Buyer's Rep Tyler Kuhlman & Douglas Mandel

2200 Northwest 19th Street, Margate, Florida 33063, United States

$10,700,000

$187/SF

Building Size

56,988 SF

Asset Type

Industrial

Closing

Mar 20, 2022

AI

An industrial property located at 2200-2248 Mears Parkway in Margate has been sold for a price of $10,700,000. The property spans across 5 acres and has a total square footage of 56,988. It is situated in a market known for its industrial properties.

Summary of transaction details

Property Type: Industrial
Transaction Amount: $10,700,000
Address: 2200-2248 Mears Parkway, Margate
Market: Margate
Asset Type: Industrial
Acres: 5

The buyer of the property is Asi Cabessa from Cabessa Real Estate & Investments, along with Edward Cohen Habaz. The seller of the property is Michael McCarty and Rory McCarty from RRK Properties. The transaction was facilitated by brokers Tyler Kuhlman and Douglas Mandel from Marcus & Millichap.

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