Presidium & CSL Partners Acquire Mixed-Use Asset In Hialeah For $95 Million

The property involved in the transaction is a mixed-use asset located at 3051 West 16th Avenue in Hialeah. The purchase price for this asset is $95,000,000, which encompasses 260 residential units along with retail space.

Summary of transaction details:

• Property Type: Mixed-use
• Transaction Amount: $95,000,000
• Buyer: Presidium & CSL Partners
• Broker: Geoffrey Dubey & Alena Grummons - Berko & Associates
• Units: 260 + Retail

Geoffrey Dubey and Alena Grummons from Berko & Associates played a crucial role in arranging the LP equity investor for the acquisition and also facilitated the joint venture between the two Co-GP partners, Presidium and CSL Partners.