Banyan Street Capital Acquires Office Building In Doral From Rialto Capital For $43M

The transaction involved an office asset located at 3750 NW 87th Avenue & 8750 NW 36th Street in Doral. The property was sold for $43,000,000, encompassing a total area of 279,098 square feet, translating to a price per square foot of $154.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $43,000,000
• Address: 3750 NW 87th Avenue & 8750 NW 36th Street
• Market: Doral
• Seller: Rialto Capital
• Buyer: Banyan Street Capital
• Buyer’s Representative: Rudy Prio Touzet
• Square Footage: 279,098
• Price Per Square Foot: $154

The seller of the property was Rialto Capital, while the buyer, Banyan Street Capital, was represented by Rudy Prio Touzet in this transaction. This sale reflects a significant exchange within the office market in the Doral area.