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14400 Northwest 77th Court
SOLD

Miami Lakes Office Building Sold By Dr. Kester Nedd To Miami Lakes Office Park LLC For $15M

14400 Northwest 77th Court

Office
52,122 SF
clock iconSold 33 days ago
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Summary

Sale
FLORIDA
Office
52,122 sqft

An office building in Miami Lakes spanning 52,122 square feet located at 14400 Northwest 77th Court was sold for $15,000,000. The property was purchased at a rate of $288 per square foot in a transaction involving the buyer, Carlos Herrera Jr., represented by Miami Lakes Office Park LLC, and the seller, Dr. Kester Nedd. Starwood Mortgage Capital facilitated the deal by providing a $9 million loan for the purchase.

Summary of transation details:

  • Property Type: Office
  • Transaction Amount: $15,000,000
  • Address: 14400 Northwest 77th Court
  • Market: Miami Lakes
  • Buyer: Carlos Herrera Jr. - Miami Lakes Office Park LLC
  • Seller: Dr. Kester Nedd
  • Lender: Starwood Mortgage Capital
  • SF: 52,122
  • Price per SF: $288

Dr. Kester Nedd sold the Miami Lakes office building to Carlos Herrera Jr., managing Miami Lakes Office Park LLC, for $15 million. The transaction was facilitated through a $9 million loan provided by Starwood Mortgage Capital. Carlos Herrera Jr. played a key role as the buyer's representative in this significant property acquisition deal.

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Starwood Capital Group's profile picture
Starwood Capital Group
Starwood Capital Group

Details

Deal Summary
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SOLD
IMAGE: Dr. Kester Nedd DATE: 06/07/2024 ADDRESS: 14400 Northwest 77th Court MARKET: Miami Lakes ASSET TYPE: Office ~ ACRES: 3 BUYER: Carlos Herrera Jr. - Miami Lakes Office Park LLC SELLER: Dr. Kester Nedd (@Dr.K_Nedd) LENDER: Starwood Mortgage Capital SALE PRICE: $15,000,000 SF: 52,122 ~ PPSF: $288 NOTE: Dr. Kester Nedd acquired a Miami Lakes office building for $15 million from Miami Lakes Office Park LLC, managed by Carlos Herrera Jr. Starwood Mortgage Capital provided a $9 million mortgage for the purchase, with the building's price equating to $288 per square foot.

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Address14400 Northwest 77th Court

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