Claudio & Gonzalo Maggi Acquire Pompano Beach Office Building For $8.4M
2201-2283 SW 2nd St, Pompano Beach, FL 33069
$8,400,000
$282/SF
Building Size
29,739 SF
Asset Type
Office
Closing
Jan 7, 2022
AI
The property involved in this closed transaction is an office located at 2201-2283 Southwest Second Street in Pompano Beach. The sale took place on 01/07/2022 and the property was purchased for a total of $8,400,000. The office spans a total area of 29,739 square feet, resulting in a price per square foot of $282.
Summary of transaction details
- Property Type: Office
- Transaction Amount: $8,400,000
- Address: 2201-2283 Southwest Second Street, Pompano Beach
- Market: Pompano Beach
The buyer of the property is Claudio & Gonzalo Maggi, while the seller is Atlantic Commercial Holdings represented by Peter Hotchkiss & Kenneth Jackson. The buyer was represented by Alejandro Silbestein from Resma, and the seller was represented by Scott O’Donnell & Greg Miller from Cushman & Wakefield. Additionally, the lender involved in this transaction is Banesco USA.
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
1.89%
Cash-on-Cash
-0.54%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93