Adonel Concrete Acquires Office Building In Miami For $4M

An office property located at 214-242 NW 42nd Ave in Miami has been sold for $4,000,000. The property spans across 8,500 square feet with a price per square foot of $471. The transaction took place on April 1, 2021.

Summary of transaction details

• Property Type: Office
• Transaction Amount: $4,000,000
• Address: 214-242 NW 42nd Ave, Miami
• Market: Miami
• Square Footage: 8,500
• Price per Square Foot: $471

The buyer of the property is Adonel Concrete, represented by Luis Garcia and Bob Cardonne. The brokers involved in the transaction were Ana Teresa Rodriguez and Morten Aagaard from ATR Group - Coldwell Banker Realty.