William O'Connor Of O'Connor Capital Partners Purchases 64,377 Square Foot Warehouse For $17.01M

The transaction involved an industrial asset located at 1600 Northwest 165th Street in Miami Gardens, FL, consisting of a 64,377-square-foot warehouse. The property was sold for $17,010,000, equating to a price per square foot of $264. It sits on a 3.48-acre lot within the Sunshine State Industrial Park, close to Miami International Airport. The property was built in 1965 and represents an investment in the industrial market.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $17,010,000
• Address: 1600 Northwest 165th Street
• Market: Miami Gardens, FL
• Square Footage: 64,377
• Price per Square Foot: $264
• Acres: 3.48
• Buyer: William O'Connor - O'Connor Capital Partners
• Seller: Shlomo Khoudari - Elion Partners

William O'Connor, representing O'Connor Capital Partners, acquired the property from Shlomo Khoudari, who represented Elion Partners in the sale. This transaction highlights a profitable gain for the seller, who purchased the asset in 2021 for $11.35 million.