EQT Exeter Buys Mixed-Use Asset In Doral For $14.5M | 3605 Northwest 115th Avenue | Mixed-use | Sale

Summary

Sale

FLORIDA

Mixed-use

45,970 sqft

The property involved in the transaction is a mixed-use asset located at 3605 Northwest 115th Avenue in Doral, spanning 2.1 acres. The sale price for this property was $14,500,000, with a total square footage of 45,970 and a price per square foot of $315.

Summary of transaction details:

Property Type: Mixed-use
Transaction Amount: $14,500,000
Buyer: Ward Fitzgerald - EQT Exeter
Seller: Harry Aizenberg
Market: Doral
Square Footage: 45,970
Asset Type: Mixed-use

The buyer of this property, Ward Fitzgerald, represented EQT Exeter in the transaction. This acquisition adds to EQT Exeter's diverse global property portfolio, which includes recent purchases such as a Chicago apartment complex in 2022 and a San Jose office campus in 2021. The property was leased to Wrk Lab, contributing to EQT Exeter's strategic real estate holdings.

Details

Deal Summary

SOLD

IMAGE: Ward Fitzgerald DATE: 02/27/2024 ADDRESS: 3605 Northwest 115th Avenue MARKET: Doral ASSET TYPE: Mixed-use ~ ACRES: 2.1 BUYER: Ward Fitzgerald - EQT Exeter (@EQTExeter) SELLER: Harry Aizenberg SALE PRICE: $14,500,000 SF: 45,970 ~ PPSF: $315 NOTE: EQT Exeter acquired a Doral warehouse and office building for $14.5 million, leased to Wrk Lab. The deal contributes to EQT Exeter's global property portfolio, which includes recent acquisitions like a Chicago apartment complex in 2022 and a San Jose office campus in 2021, coinciding with a robust start for South Florida's industrial market in January, marked by significant transactions including Investcorp's $72.3 million purchase of Powerline Business Park in Deerfield Beach and Longpoint Partners' $30 million acquisition of six warehouses near Medley and Doral.

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Address3605 Northwest 115th Avenue

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