Updated Oct 30, 2025
The Estate Companies Purchases Industrial Property From Best Office Systems International For $5.1M
1890 Northwest 97th Avenue
$5,100,000
$361/SF
Building Size
14,110 SF
Asset Type
Industrial
Closing
Oct 19, 2025
About this deal
AI
The property asset involved in this transaction is an industrial facility located at 1890 Northwest 97th Avenue in the Doral market. The sale price of the property was $5,100,000, with a total square footage of 14,110 and a price per square foot of $361.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $5,100,000
- Address: 1890 Northwest 97th Avenue
- Market: Doral
- Square Footage: 14,110
- Price per Square Foot: $361
- Buyer: The Estate Companies
- Seller: Best Office Systems International
- Buyer's Representative: Eric Torrente - Compass
- Seller's Representative: Vishal Parvani - Parvani Commercial Group (ParvaniCommercial)
The transaction was facilitated by Eric Torrente, representing The Estate Companies, and Vishal Parvani, representing Best Office Systems International. Their roles were pivotal in bringing together the buyer and seller in this industrial property deal.
On the Map
$5,100,000
$361/SF
Industrial
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Players
Doral 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
3.11%
Cash-on-Cash
-0.89%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93