Sagi & Anat Shaked Acquire Weston Office Building For $8.9M
1040 Weston Road, Weston, FL, USA
$8,900,000
$329/SF
Building Size
27,000 SF
Asset Type
Office
Closing
Dec 21, 2020
AI
The office property located at 1040 Weston Road in Weston was recently sold in a transaction that took place on December 22, 2020. The property spans over 27,000 square feet and is situated in the Weston market.
Summary of Transaction Details
- Property Type: Office
- Transaction Amount: $8,900,000
- Price per Square Foot: $330
- Address: 1040 Weston Road
- Market: Weston
The buyers of the property were Sagi & Anat Shaked. On the other side of the deal, the sellers were Highline Real Estate Capital represented by David Moret, and Sefira Capital represented by Aby Galsky & Mijael Attias.
Avison Young played a role in facilitating the transaction, with brokers David Duckworth, John K. Crotty, Michael T. Fay, Brian C. de la Fé, Emily Brais, and Berkley Bloodworth representing the parties involved.
Players
Weston Office Market Snapshot
Boundary boundary · Office · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93