Faropoint Ventures Acquires Industrial Property In Miami For $6.3M

An industrial property located at 3330 NW 60th St in Miami has been sold for $6,300,000. The property spans over 32,744 square feet, resulting in a price per square foot of $192. The transaction took place on June 30, 2022. The buyer of the property is Faropoint Ventures, while the seller is Garland.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $6,300,000
• Address: 3330 NW 60th St
• Market: Miami

The deal was facilitated by brokers Andrew Fernandez and Nicolas Palazzo of CBRE. They represented both the buyer, Faropoint Ventures, and the seller, Garland, in the transaction.