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7777 Northwest 41st Street
SOLD

GLP Capital Partners Acquires Development Site In Doral For $55M

7777 Northwest 41st Street

Industrial
495,073 SF
clock iconSold 1 year ago
Bill Fishel
Melissa Rose
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Summary

Sale
FLORIDA
Industrial
495,073 sqft

A development site in Doral has been sold for $55,000,000. The property, located at 7777 Northwest 41st Street, spans across 24 acres, resulting in a price per acre of approximately $2,291,667. The transaction took place on February 8, 2021.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $55,000,000
  • Address: 7777 Northwest 41st Street
  • Market: Doral

The buyer of the development site is GLP Capital Partners, represented by Alan Yang. The sellers are Terra, led by David Martin, and Terranova Corp., led by Stephen Bittel.

Players

  • All

    4

  • Agents

    2

  • Agencies

    1

  • Lenders

    1

Bill Fishel's profile picture
Bill Fishel
JLL-image
Senior Managing Director, Co-Office Head
$55M Sold
Melissa Rose's profile picture

Details

Deal Summary
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SOLD
IMAGE: Alan Yang, David Martin, & Stephen Bittel DATE: 02/08/2021 ADDRESS: 7777 Northwest 41st Street MARKET: Doral ASSET TYPE: Development Site BUYER: GLP Capital Partners - Alan Yang SELLERS: Terra - David Martin, Terranova Corp. - Stephen Bittel PRICE: $55,000,000 ACRES: 24 ~ PPA: $2,291,667

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Address7777 Northwest 41st Street

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