facebook

traded

+ Submit
Home

/

Deals

/

Florida

/

Office

/

Sale

/

10315 Usa Today Way

Vault Equity Partners Acquires Office Asset From CRG In Miramar For $18.8 Million
SOLDOffice

Vault Equity Partners Acquires Office Asset From CRG In Miramar For $18.8 Million

10315 Usa Today Way

$18,800,000

$333/SF

Building Size

56,462 SF

Asset Type

Office

Closing

Nov 8, 2024

AI

The property asset involved in this transaction is an office located at 10315 Usa Today Way in the Miramar market, covering a total area of 56,462 square feet. The sale was concluded for a price of $18,800,000, which translates to a price per square foot of $332.

Summary of transaction details:

Key individuals involved in the transaction include Vault Equity Partners as the buyer and CRG as the seller, with representation provided by brokers from JLL including Alex Sharrin, Jeffrey Cicurel, Ike Ojala, Hunter Smith, Noel O'Donnell, and Blake Koletic. This team facilitated the transaction, providing expertise in the office market.

Players

Ike Ojala

JLL

Broker

$2B

vol

25 deals

Broker

Miramar Office Market Snapshot

Boundary boundary · Office · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.84%

Cash-on-Cash

-0.24%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93