Gaby Pujol Purchases Industrial Property In Miami Gardens From Hugh Bryan For $1.95M

The property located at 16355 Northwest 27th Avenue in Miami Gardens is an industrial asset that spans 8,000 square feet. The sale, recorded for $1,950,000, reflects a price per square foot of $243. The asset, which is situated on just over half an acre, features a corner flex design and is anchored by Cricket Wireless, with zoning classified as PCD/NC that allows for a broad spectrum of permitted uses.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $1,950,000
• Address: 16355 Northwest 27th Avenue
• Market: Miami Gardens
• Buyer: Gaby Pujol
• Seller: Hugh Bryan
• Buyer’s Representative: Mauricio Fernandez Piqueras - La Premiere Realty
• Seller’s Representatives: Joseph Suarez, Andres Villarreal & Darious White - Trustpoint Realty
• Square Footage: 8,000
• Price Per Square Foot: $243

The closing of the transaction involved Gaby Pujol, an investor who intends to utilize 4,000 square feet for an industrial yard on the premises, operating within a strict 1031 exchange timeline. Trustpoint Realty effectively marketed the asset across various platforms including Crexi, CoStar, LoopNet, and MLS, ensuring wide exposure to potential buyers. Their familiarity with the local market enhances their negotiating power and provides protection for their clients through the closing process.