Ferreira Construction Co Acquires Industrial Property In Miami For $8.35M

The industrial property located at 6101 Northwest 74th Avenue in Miami has been sold in a closed transaction. The property spans 19,435 square feet and sits on 2.44 acres of land. The sale price for this transaction was $8,350,000, resulting in a price per square foot of $430 and a price per acre of $3,422,131. The buyer of the property was Ferreira Construction Co, while the sellers were Rotem Hoffman and Branden Hertz.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,350,000
• Square Footage: 19,435
• Price per Square Foot: $430
• Acres: 2.44
• Price per Acre: $3,422,131

Jaime Posner from EXP Realty represented the buyer, Ferreira Construction Co, in this transaction. Santiago Acevedo from Hertz Realty Group represented the sellers, Rotem Hoffman and Branden Hertz.