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2750 Southwest 145th Avenue

IMC Equity Group Acquires Riviera Point Corporate Center In Miramar For $11.9M
SOLDOffice

IMC Equity Group Acquires Riviera Point Corporate Center In Miramar For $11.9M

2750 Southwest 145th Avenue

$11,900,000

$188/SF

Building Size

63,113 SF

Asset Type

Office

Closing

Jul 13, 2025

AI

The property asset involved in the transaction is an office building located at 2750 Southwest 145th Avenue in the Miramar market. The sale price for this asset was $11,900,000, with a total square footage of 63,113, resulting in a price per square foot of $188.

Summary of transaction details:

  • Property Type: Office
  • Transaction Amount: $11,900,000
  • Square Footage: 63,113
  • Price per Square Foot: $188
  • Buyer: IMC Equity Group
  • Seller: Riviera Point Development Group
  • Buyer's Representative: Lyman Phillips - Golden Lion Capital Investments
  • Seller's Representative: Anthony DeLaHoz - Realty World

This transaction involved key individuals and companies, including Lyman Phillips from Golden Lion Capital Investments, who represented the buyer, and Anthony DeLaHoz from Realty World, who represented the seller. Golden Lion Capital expressed their satisfaction with the successful closing of the Riviera Point Corporate Center and acknowledged the professionalism displayed by the seller's representative throughout the process.

Players

Lyman Phillips

Golden Lion Capital Investments

Broker

$439.2M

vol

26 deals

Broker
Golden Lion Capital Investments
Golden Lion Capital InvestmentsBrokerage
IG
IMC Equity GroupBuyer

Miramar 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

1.33%

Cash-on-Cash

-0.38%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93