SOLD
Dr. Barry Burak Acquires Industrial Property In Hialeah For $2.9M
990 West 23rd Street
Industrial
15,812 SF
15,812 SF
Sold 1 year ago
Summary
Sale
FLORIDA
Industrial
15,812 sqft
990 W 23rd St in Hialeah has been sold in a recent industrial property transaction. The sale took place on November 30, 2021, and the property was purchased by Dr. Barry Burak. The seller of the property was Juan Morera.
Summary of transaction details:
- Property Type: Industrial
- Sale Price: $2,900,000
- Square Footage: 15,812
- Price per Square Foot: $183
- Market: Hialeah
Aldo Briolo from Cervera Real Estate represented Dr. Barry Burak as the buyer's representative. On the other side, Adam H. Klein and Elon Gerberg from ROI Partners - SVN Commercial Partners acted as the sellers' representatives.
The property at 990 W 23rd St generated significant interest in the market, receiving 10+ competitive offers within a span of 2 weeks. This high level of competition resulted in a record price per square foot for the submarket.
Aside from this transaction, ROI Partners is currently marketing $75MM of exclusive inventory for sale in various locations throughout South Florida.
Players
All
5
Agents
3
Agencies
2
Details
SOLD
IMAGE: Adam H. Klein & Elon Gerberg
DATE: 11/30/2021
ADDRESS: 990 W 23rd St
MARKET: Hialeah
ASSET TYPE: Industrial
BUYER: Dr. Barry Burak
SELLER: Juan Morera
BUYER'S REP: Aldo Briolo - Cervera Real Estate
SELLER'S REP: Adam H. Klein (@AdamKlein54) & Elon Gerberg (@Edgofroi) - ROI Partners - SVN Commercial Partners
ASKING PRICE: $2,600,000
SALE PRICE: $2,900,000
SF: 15,812 ~ PPSF: $183
NOTE FROM BROKERS: We generated 10+ competitive offers inside of 2 weeks and closed at a record price per square foot for the submarket.
ROI (Retail, Office, Industrial) Partners are currently marketing $75MM of exclusive inventory for sale throughout South Florida.View on map
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Address990 West 23rd Street
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