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8391 Northwest 64th Street

Updated Jun 19, 2026

Bilt advertisement
James Mendel And Yannai Gordon Of Faropoint Acquire Industrial Asset In Miami For $12.8M
SOLDIndustrial

James Mendel And Yannai Gordon Of Faropoint Acquire Industrial Asset In Miami For $12.8M

8391 Northwest 64th Street

$12,800,000

$241/SF

Building Size

52,909 SF

Asset Type

Industrial

Closing

Jun 15, 2026

About this deal

AI

This industrial property, located at 8391 Northwest 64th Street in the Miami market, was sold for $12,800,000. The total square footage is approximately 52,909, which results in a price per square foot of $241.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $12,800,000
  • Address: 8391 Northwest 64th Street
  • Market: Miami
  • Sale Price: $12,800,000
  • Square Footage: 52,909
  • Price Per Square Foot: $241
  • Buyer: James Mendel & Yannai Gordon - Faropoint
  • Seller's Representatives: Mateo Coman, Devin White, David Albert & Isabel Nakash - CBRE

The transaction involved buyer representatives James Mendel and Yannai Gordon, who represent Faropoint. The seller was represented by a team from CBRE, including Mateo Coman, Devin White, David Albert, and Isabel Nakash, highlighting the collaborative nature of this industrial property sale.

Players

Devin White

CBRE

Broker

$461.7M

vol

22 deals

Broker
CBRE
CBREBrokerage
Yannai Gordon

Yannai Gordon

Faropoint

Buyer

$213.5M

vol

8 deals

Buyer

Miami Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Deal FAQ

About $241 per square foot on a published $12.8M for 52,909 square feet (2026).

Visit Mateo Coman to view all their deals.

Browse Miami industrial sales on Traded.

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.24%

Cash-on-Cash

-0.35%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93

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