Italkraft Acquires Industrial Property In Miami From Sea Vee Boats For $8.2M

The industrial property located at 6900 Northwest 77th Court in Miami was recently sold in a closed transaction. The property spans approximately 67,000 square feet and is situated in a thriving market. It was sold by Sea Vee Boats to Italkraft.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $8,200,000
• Asking Price: $9,200,000
• Price per Square Foot: $122
• Date: 12/28/2020
• Agents involved: Frank Trelles from State Street Realty and Armando Romero from Broker Nation

Frank Trelles from State Street Realty and Armando Romero from Broker Nation represented the respective parties in the transaction. The deal was finalized on 12/28/2020, with the property being sold for $8,200,000, below the asking price of $9,200,000. The sale price translates to a price per square foot of $122, reflecting the value of the industrial asset.