Statewide Electrical Contractors Acquires Mixed-Use Building In Miami From Syntheon For $9.7M

Statewide Electrical Contractors has acquired a mixed-use property, specifically a 34,252-square-foot office/flex building located at 13755 Southwest 119th Avenue in Miami, for a total of $9,700,000. This transaction highlights the property’s significant market value in the Miami area.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $9,700,000
• Address: 13755 Southwest 119th Avenue
• Market: Miami
• Square Footage: 34,252
• Price per Square Foot: $283
• Buyer: Statewide Electrical Contractors
• Seller: Sean McBrayer - Syntheon
• Brokers: John Crotty, Michael Fay, David Duckworth, Brian De La Fé & Philip Shapiro - Avison Young

In this transaction, Sean McBrayer, representing Syntheon, is selling the property while relocating to the Doral Airport West submarket. The brokerage team from Avison Young played a crucial role in facilitating the deal, effectively representing the seller in the disposition of the property.