Gus Alfonso Of Florida Value Partners Acquires Office Buildings From Elizabeth C. Harper For $34.3M

The assets involved in this transaction are three office buildings located at 9485 Southwest 72nd Street, 9350 Southwest 72nd Street, and 9415 Southwest 72nd Street in the Miami market. The combined sale price for these properties is $34,300,000. The total square footage of the buildings is 263,068, resulting in a price per square foot of $130. The total area of the property is 13.3 acres.

Summary of transaction details:

• Property Type: Office
• Transaction Amount: $34,300,000
• Buyer: Gus Alfonso - Florida Value Partners
• Seller: Elizabeth C. Harper - Colross I and II
• Lender: City National Bank of Florida
• Square Footage: 263,068
• Price per Square Foot: $130
• Properties Included: 9485 SW 72nd St. for $12.5M, 9350 SW 72nd St. for $11.8M, and 9415 SW 72nd St. for $10M
• Future Plans: Renovation targeting medical office tenants

This transaction involves Gus Alfonso representing Florida Value Partners as the buyer, while Elizabeth C. Harper represents Colross I and II as the seller. A significant component of the transaction is the mortgage provided by City National Bank of Florida, amounting to $34 million for the acquisition.