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

The industrial property located at 950 NW 72nd Street in Little River has been sold in a recent transaction. The property spans 38,423 square feet and was sold for a total price of $6,250,000, resulting in a price per square foot of $163. The sale represents a record price per building square footage for a property of its type in the sector. The transaction involved the buyer, Aaron Flint of Acoustic Architects, and the seller, Roland DiGasbarro of Windsor Investments. Wesley Suskind of DeMarco Real Estate represented the buyer, while Jonathan Eismann PA of Gridline Properties represented the seller.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $6,250,000
• Square Footage: 38,423
• Price per Square Foot: $163
• Buyer: Aaron Flint - Acoustic Architects
• Seller: Roland DiGasbarro - Windsor Investments
• Buyer's Representative: Wesley Suskind - DeMarco Real Estate
• Seller's Representative: Jonathan Eismann PA - Gridline Properties

It is worth noting that the property was sold out of an investor's portfolio to a new owner-user using conventional financing. Jonathan Eismann PA and Gridline Properties have been consistently setting multiple sales and leasing records in the Little River, West Little River, and Allapattah Sub Markets.