Candor Capital Acquires Medical Office In Miami For $11M

A medical office property located at 151 Northwest 11th Street, 351 Northwest Le Jeune Road, and 12550 Biscayne Boulevard in Miami has been sold. The property, spanning 21,222 square feet, was purchased by Candor Capital, represented by Ben Meshel and Adam Ibrahim, for a total price of $11,000,000. The price per square foot for this transaction was $518.

Summary of transaction details:

• Property Type: Medical Office
• Transaction Amount: $11,000,000
• Address: 151 Northwest 11th Street, 351 Northwest Le Jeune Road, and 12550 Biscayne Boulevard
• Market: Miami
• Buyers: Candor Capital - Ben Meshel and Adam Ibrahim
• Seller: Rodolfo Dumenigo
• Square Footage: 21,222
• Price per Square Foot: $518

The acquisition was facilitated by Ben Meshel and Adam Ibrahim from Candor Capital. They acted as the buyer's representatives in the deal. On the other hand, Rodolfo Dumenigo served as the seller.