Gary Krat Acquires Industrial Property In Allapattah For $6.4M

A 23,033 square foot industrial property located at 724, 747, and 761 NW 21 Street in Allapattah was recently sold for $6,400,000. The property was purchased by Gary Krat from George Falcon. The sale was facilitated by Carlos Fausto Miranda of Fausto Commercial Realty Consultants, representing the buyer, and Yonatan Missika of Gridline Properties, representing the seller. The property has a price per square foot of $278.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $6,400,000
• Square Footage: 23,033
• Address: 724, 747, 761 NW 21 Street
• Market: Allapattah

Carlos Fausto Miranda of Fausto Commercial Realty Consultants represented Gary Krat in the purchase of the industrial property in Allapattah, while Yonatan Missika of Gridline Properties represented the seller, George Falcon. This transaction highlights the collaboration and negotiation between the buyer's and seller's representatives to successfully close the deal.