Acoustic Architects Acquires Industrial Property In Little River For $6.25M

The industrial property located at 950 NW 72nd Street in Little River was recently sold for a record-breaking price. The transaction took place on 10/07/2022, and the property was purchased for $6,250,000. The property spans 38,423 square feet, resulting in a price per square foot of $163. The sale was completed between Aaron Flint of Acoustic Architects, who served as the buyer, and Roland DiGasbarro of Windsor Investments, who acted as the seller. Wesley Suskind of DeMarco Real Estate represented the buyer, while Jonathan Eismann PA of Gridline Properties represented the seller in the deal.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $6,250,000
• Address: 950 NW 72nd Street
• Market: Little River

This sale set a new record for the highest price per building square footage within its sector. The property was originally part of an investor's portfolio but was eventually acquired by a new owner-user through conventional financing. It is worth noting that Jonathan Eismann PA and Gridline Properties have continuously achieved remarkable milestones in both sales and leasing activities in the Little River, West Little River, and Allapattah Sub Markets.