Constellation Group Acquires Office Building In Coral Gables For $10M

An office property located at 4225 & 4311 Ponce De Leon Boulevard in Coral Gables has been sold for a price of $10,000,000. The property spans approximately 3,665 square feet, resulting in a price per square foot of $2,729. The sale was completed on 02/28/2022. The buyer was Constellation Group represented by Eduardo Otaola, while the seller was Jose R. Boschetti and Rene Brillembourg of BF Group.

Summary of transation details:

• Property Type: Office
• Transaction Amount: $10,000,000
• Address: 4225 & 4311 Ponce De Leon Boulevard
• Market: Coral Gables
• Buyer: Constellation Group - Eduardo Otaola
• Seller: Jose R. Boschetti & Rene Brillembourg - BF Group
• Square Footage: 3,665
• Price per Square Foot: $2,729

Eduardo Otaola, from Constellation Group, represented the buyer in this transaction.