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8600 Northwest 91st Street

CBRE Brokers Larry Genet Tom O'Loughlin Paul Siciliano And Michael Oretsky Facilitate $9.8M Industrial Sale In Medley
SOLDIndustrial

CBRE Brokers Larry Genet Tom O'Loughlin Paul Siciliano And Michael Oretsky Facilitate $9.8M Industrial Sale In Medley

8600 Northwest 91st Street

$9,800,000

$359/SF

Building Size

27,260 SF

Asset Type

Industrial

Closing

Mar 23, 2026

AI

The property involved in this transaction is an industrial asset located at 8600 Northwest 91st Street in Medley. The sale price reached $9,800,000 for a total square footage of 27,260, reflecting a price per square foot of $359. The total acreage for the property is 3.4 acres.

Summary of transation details:

  • Property Type: Industrial
  • Transaction Amount: $9,800,000
  • Square Footage: 27,260
  • Price Per Square Foot: $359
  • Acreage: 3.4
  • Date of Sale: 03/23/2026
  • Address: 8600 Northwest 91st Street, Medley
  • Brokers: Larry Genet, Tom O'Loughlin, Paul Siciliano & Michael Oretsky - CBRE

The transaction was managed by a team of brokers from CBRE, consisting of Larry Genet, Tom O'Loughlin, Paul Siciliano, and Michael Oretsky. The brokers noted their excitement regarding this off-market sale and mentioned their ongoing efforts with multiple off-market and exclusively listed sales in the Tri-County area.

Players

Larry Genet

CBRE

Broker

$436M

vol

57 deals

Broker

Miami Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

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Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

1.62%

Cash-on-Cash

-0.46%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93