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Brookfield Properties Acquires Miramar Multifamily For $187.7M

Property Image
SOLD
$187,700,000
Bruce Flatt
SS

Florida

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MultiFamily685,369 SF
Sold 12/28/2021
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Property Image
SOLD

Brookfield Properties Acquires Miramar Multifamily For $187.7M

11700 Southwest 26th Street, Miramar, Florida 33025, United States

See Similar Deals
MultiFamily685,369 SF
Sold 12/28/2021
Bruce Flatt
SS
the dealplayerscompscontact
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Summary

FLORIDA
Asset Type:MultiFamily
Price Per Square Foot:$273
Total Square Footage:685,369 SF
Transaction Type:Sale

Brookfield Properties has acquired a multifamily property located at 11700 Southwest 26th Street in Miramar. The property spans across 22.7 acres and features a total of 512 units. The transaction took place on December 28, 2021.

Summary of transaction details

  • Property Type: Multifamily
  • Transaction Amount: $187,700,000
  • Address: 11700 Southwest 26th Street, Miramar
  • Market: Miramar
  • Acres: 22.7

The seller of the property was RangeWater Real Estate, represented by Steven Shores. The buyer, Brookfield Properties, was represented by Bruce Flatt. The sale price for the property was $187,700,000, resulting in a price per unit of $366,602. The total square footage of the property is 685,369, with a price per square foot of $274.

Players

Brookfield Properties
Brookfield Properties
BROKERAGE
SS
Steven L. Shores
3 deals$451.2M volume
SELLER

Details

SOLD
IMAGE: Bruce Flatt & Steven Shores DATE: 12/28/2021 ADDRESS: 11700 Southwest 26th Street MARKET: Miramar ASSET TYPE: Multifamily ~ ACRES: 22.7 BUYER: Brookfield Properties - Bruce Flatt SELLER: RangeWater Real Estate - Steven Shores SALE PRICE: $187,700,000 UNITS: 512 ~ PPU: $366,602 SF: 685,369 ~ PPSF: $274

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