Douglas Schumann Acquires Office Condo On Brickell Avenue, Miami For $3.5M

A 11,745 square foot office condo located at 1200 Brickell Avenue in Brickell, Miami has been sold in a recent transaction. The sale took place on July 20, 2021, with a sale price of $3,500,000. The asset was originally listed for $3,600,000, resulting in a price per square foot of $298. The buyer of the property is Douglas Schumann, while the seller is Gen Group, represented by Jose Manuel Urenda. Lourdes Luaces from Arch Realty acted as the buyer's representative, and Jonathan Lay (JLay_CREAdvisor) represented the seller.

Summary of Transaction Details

• Property Type: Office Condo
• Transaction Amount: $3,500,000
• Address: 1200 Brickell Avenue, Brickell, Miami
• Square Footage: 11,745
• Price Per Square Foot: $298
• Buyer: Douglas Schumann
• Seller: Gen Group - Jose Manuel Urenda
• Buyer's Representative: Lourdes Luaces - Arch Realty
• Seller's Representative: Jonathan Lay (JLay_CREAdvisor)

Notable individuals involved in this transaction include buyer Douglas Schumann and seller Gen Group, represented by Jose Manuel Urenda. Lourdes Luaces from Arch Realty acted as the buyer's representative, providing expertise and guidance throughout the deal. Jonathan Lay (JLay_CREAdvisor) served as the seller's representative, ensuring a smooth and successful transaction for all parties involved.