Studio Miami Partners Acquires Industrial Asset In Allapattah For $2.975M
2585 Northwest 21st Terrace
10,924 SF
Summary
An off-market warehouse deal in Allapattah has been closed by Studio Miami Partners. The industrial property, located at 2585 NW 21st Ter, was sold for a price of $2,975,000. With a total area of 10,924 square feet, the property has a price per square foot of $272. The transaction took place on 12/21/2021.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $2,975,000
- Address: 2585 NW 21st Ter, Allapattah
- Market: Allapattah
The buyer of the property is Studio Miami Partners, represented by Allen West. The seller, on the other hand, is Holderman Holdings, with Meg Holderman serving as their representative. The deal was facilitated by Raul Pino from The Hype Real Estate Group.
The Hype Real Estate Group specializes in sourcing off-market deals, and this particular transaction is noteworthy due to their relationship with both the buyer and the seller. Additionally, the buyer is a partnership partly owned by a well-known celebrity, as mentioned by @TheHypeRealEstateGroup in a note accompanying the Instagram post.
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