Pyramid 3580 LLC Acquires Industrial Asset In Miami For $11.75M With Seller's Rep SVN

The industrial asset located at 3580 Northwest 54th Street in Miami has been sold for $11,750,000. This property encompasses approximately 50,000 square feet and the price per square foot stands at $235.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $11,750,000
• Address: 3580 Northwest 54th Street
• Market: Miami
• Seller: Pyramid 3580 - John Safi
• Seller's Representatives: Joel A. Kattan & Anthony Peragine - SVN
• Square Footage: 50,000
• Price per Square Foot: $235

This transaction marks the third time that Joel A. Kattan and Anthony Peragine have sold this property. Previously, in 2017, they represented the late Allan Herbert, a notable Miami philanthropist, in the sale to local investors. In 2022, they again represented the owners in the sale to Pyramid 3580, LLC, while consistently managing leasing for all three owners to maintain full occupancy.