Alberto Chocron & Francisco Cantor Acquire Office In Miami From Bill Bennett For $19M
2125 Biscayne Boulevard
$19,000,000
$296/SF
Building Size
64,136 SF
Asset Type
Office
Closing
Mar 31, 2026
About this deal
AI
The asset involved in the transaction is an office property located at 2125 Biscayne Boulevard in Miami. The sale was conducted for a total amount of $19,000,000. The property encompasses a total square footage of 64,136, resulting in a price per square foot of $296.
Summary of transaction details:
- Property Type: Office
- Transaction Amount: $19,000,000
- Square Footage: 64,136
- Price per Square Foot: $296
- Address: 2125 Biscayne Boulevard
- Market: Miami
- Buyer: Alberto Chocron & Francisco Cantor
- Seller: Bill Bennett
- Brokers: Almog Strikowski & Arthur Porosoff - Compass
The transaction was represented by brokers Almog Strikowski and Arthur Porosoff from Compass, who facilitated the deal between the buyer, Alberto Chocron and Francisco Cantor, and the seller, Bill Bennett.
Players
Miami 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
0.83%
Cash-on-Cash
-0.24%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93