Joel Lusky Of Harbor Equity Partners Acquires Industrial Warehouse In Cutler Bay For $4.3M

This industrial asset is located at 18505 Southwest 104th Avenue in the Cutler Bay market. The property spans 21,101 square feet and sold for $4,300,000, resulting in a price per square foot of $203. It consists of 30 condo warehouses, providing value-add small bay opportunities for investors.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $4,300,000
• Buyer: Joel Lusky - Harbor Equity Partners
• Seller: Riccardo De Leo - Pombal Inc
• Seller's Representative: Paola Chapman - Florida Realty of Miami
• Square Footage: 21,101
• Price Per Square Foot: $203

The transaction was sourced off-market, with Paola Chapman exclusively representing the seller, Riccardo De Leo. The deal showcases continued demand and limited inventory within Miami’s industrial sector, as well as the high desirability of well-located assets.