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Justin Freedman & Alex Kouwenhoven Buy Industrial Asset In Miami For $9.975M With Hype Real Estate Group

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SOLD
$9,975,000

Florida

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Industrial62,480 SF
Sold 12/04/2025
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SOLD

Justin Freedman & Alex Kouwenhoven Buy Industrial Asset In Miami For $9.975M With Hype Real Estate Group

3500 Northwest 54th Street

See Similar Deals
Industrial62,480 SF
Sold 12/04/2025
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Summary

FLORIDA
Asset Type:Industrial
Price Per Square Foot:$159
Total Square Footage:62,480 SF
Transaction Type:Sale

The property asset involved in this transaction is an industrial facility located at 3500 Northwest 54th Street in the Miami, FL market. The sale took place for a price of $9,975,000, encompassing a total square footage of 62,480, which translates to a price per square foot of $159.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $9,975,000
  • Address: 3500 Northwest 54th Street
  • Market: Miami, FL
  • Square Footage: 62,480
  • Price Per Square Foot: $159
  • Buyer: Justin Freedman & Alex Kouwenhoven - Woodhill Real Estate
  • Seller: Mark Caplan
  • Buyer's Representative: Pablo Vignolo & Raul Pino - The Hype Real Estate Group
  • Seller's Representative: Junior Ferrer - The Hype Real Estate Group

This transaction was facilitated with the involvement of key representatives from The Hype Real Estate Group, who played a significant role in assisting both the seller and the buyer through a smooth closing process. The team's efforts extend beyond this deal, as they are actively sourcing industrial and retail opportunities throughout various states, including Florida, Georgia, North Carolina, Virginia, and in the northeastern regions. The Hype Real Estate Group maintains physical offices in Miami and New York, looking to connect with more buyers interested in similar opportunities.

Players

Raul Pino
50 deals$344.4M volume
BROKER

Junior Ferrer
The Hype Real Estate Group
7 deals$34.7M volume(786) 617-4006
BROKER

Pablo Vignolo
The Hype Real Estate Group
43 deals$285.6M volume
BROKER

The Hype Real Estate Group
BROKERAGE

Details

SOLD
IMAGE: Pablo Vignolo, Justin Freedman, Junior Ferrer, Alex Kouwenhoven & Raul Pino DATE: 12/4/2025 ADDRESS: 3500 Northwest 54th Street MARKET: Miami, FL ASSET TYPE: Industrial BUYER: Justin Freedman & Alex Kouwenhoven - Woodhill Real Estate SELLER: Mark Caplan BUYER'S REP: Pablo Vignolo (@Hypepabs) & Raul Pino (@TheWolfofSouthFL) - The Hype Real Estate Group SELLER'S REP: Junior Ferrer (@JNACommercial) - The Hype Real Estate Group (@TheHypeRealEstateGroup) SALE PRICE: $9,975,000 SF: 62,480 ~ PPSF: $159 NOTE FROM BUYER'S REP: Another successful transaction where Hype worked with both the Seller and Buyer for a smooth closing. Our team is actively sourcing industrial and retail opportunities throughout Florida, Georgia, North Carolina, Virginia, and northeastern states. We have physical offices in Miami and New York and are looking to connect with more buyers who want to purchase good opportunities in these markets. Please reach out to Raul Pino, Pablo Vignolo, or Junior Ferrer at [email protected] for similar opportunities.

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Net Operating Income (NOI)

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Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

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