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3486 Northwest 25th Street
SOLD

Cushman & Wakefield Brokers $12.8M Sale Of Industrial Asset In Miami To Azora Exan

3486 Northwest 25th Street

Industrial
20,599 SF
clock iconSold 79 days ago
Wayne Ramoski
Scott O'Donnell
Michael (Mike) Ciadella
+ 4
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Summary

Sale
FLORIDA
Industrial
20,599 sqft

The property involved in the transaction is an industrial asset located at 3486 Northwest 25th Street in Miami. The property spans 2.62 acres and includes a 20,599-square-foot facility. The sale price for this property was $12,800,000, translating to a price per square foot of $621. The transaction took place between buyers Arturo Vinueza & Ignacio Gil-Casares from Azora Exan, and the seller Joe Miller from Twenty Lake Holdings. The deal was facilitated by brokers Dominic Montazemi, Gregory Miller, Michael Ciadella, Miguel Alcivar, Scott O'Donnell, and Wayne Ramoski from Cushman & Wakefield.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $12,800,000
  • Address: 3486 Northwest 25th Street
  • Market: Miami
  • Buyer: Arturo Vinueza & Ignacio Gil-Casares - Azora Exan
  • Seller: Joe Miller - Twenty Lake Holdings
  • Brokers: Dominic Montazemi, Gregory Miller, Michael Ciadella, Miguel Alcivar, Scott O'Donnell, Wayne Ramoski - Cushman & Wakefield
  • SF: 20,599
  • PPSF: $621

Cushman & Wakefield played a crucial role in the sale of the Greyhound Maintenance Center in Miami's Palmer Lake neighborhood to Azora Exan. The property's strategic location near the Miami Intermodal Center presents redevelopment opportunities in a densely populated, transit-oriented area, adding value to the transaction.

Players

  • All

    7

  • Agents

    6

  • Agencies

    1

Wayne Ramoski's profile picture
Wayne Ramoski
Cushman & Wakefield-image
Executive Managing Director
$116.7M Sold
Michael (Mike) Ciadella's profile picture
Miguel Alcivar's profile picture
Gregory (Greg) Miller's profile picture

Details

Deal Summary
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SOLD
IMAGE: Michael Ciadella, Miguel Alcivar, Dominic Montazemi, Gregory Miller, Scott O'Donnell, Wayne Ramoski, Ignacio Gil-Casares , Joe Miller & Arturo Vinueza DATE: 03/07/2024 ADDRESS: 3486 Northwest 25th Street MARKET: Miami ASSET TYPE: Industrial ~ ACRES: 2.62 BUYER: Arturo Vinueza & Ignacio Gil-Casares (@IgnacioGilCasares) - Azora Exan SELLER: Joe Miller - Twenty Lake Holdings BROKERS: Dominic Montazemi (@DFMontazemi), Gregory Miller, Michael Ciadella (@MikeCiadella), Miguel Alcivar, Scott O'Donnell & Wayne Ramoski (@WayneRamoski) - Cushman & Wakefield SALE PRICE: $12,800,000 SF: 20,599 ~ PPSF: $621 NOTE: Cushman & Wakefield facilitated the sale of the Greyhound Maintenance Center in Miami's Palmer Lake neighborhood to Azora Exan. The 20,599-square-foot facility, strategically located near the Miami Intermodal Center, offers potential for future redevelopment in a dense, transit-oriented area.

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Address3486 Northwest 25th Street

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