Greenmont Group & Davis Companies Acquire Mixed-use Property In Miami Beach For $52.5M

Greenmont Group & Davis Companies have acquired a mixed-use property in Miami Beach for a sale price of $52,500,000. The property is located at 555 Washington Ave and spans across 65,746 square feet. This transaction took place on March 29, 2022. The asset type of the property is mixed-use, offering versatile opportunities for various commercial and residential purposes.

Summary of transaction details

• Property Type: Mixed-use
• Transaction Amount: $52,500,000
• Address: 555 Washington Ave, Miami Beach
• Market: Miami Beach
• Buyer: Greenmont Group & Davis Companies
• Seller: East End & BentallGreenOak
• Brokers: Hermen Rodriguez, Matthew McCormack, Ike Ojala & Max Lescano - JLL
• Square Footage: 65,746
• Price per Square Foot: $799

The sale of this mixed-use property was facilitated by the brokers Hermen Rodriguez, Matthew McCormack, Ike Ojala, and Max Lescano from JLL. Greenmont Group & Davis Companies worked together as the buyers, while East End & BentallGreenOak acted as the sellers in the transaction. This deal represents a significant milestone for all parties involved, solidifying their roles in the ever-evolving Miami Beach real estate market.