facebook
Traded Co logo
Submit
Daily limit: 0/10

Whitfield Hamilton Of Hamilton Development Acquires Office Building In Medley For $20.4M

Property Image
SOLD
$20,400,000
Matthew (Matt) McCormack
Jonathan Slager

Florida

See Similar Deals
Office126,224 SF
Sold 10/10/2025
the dealplayerscompscontact
Property Image
SOLD

Whitfield Hamilton Of Hamilton Development Acquires Office Building In Medley For $20.4M

9725 Northwest 117th Avenue

See Similar Deals
Office126,224 SF
Sold 10/10/2025
Matthew (Matt) McCormack
Jonathan Slager
the dealplayerscompscontact
Contact now

Summary

FLORIDA
Asset Type:Office
Price Per Square Foot:$161
Total Square Footage:126,224 SF
Transaction Type:Sale

Hamilton Development acquired an office building located at 9725 Northwest 117th Avenue, Medley, for $20.4 million. The asset encompasses 126,224 square feet, yielding a price per square foot of $162.

Summary of transaction details:

The Nashville-based firm Hamilton Development intends to demolish the existing property and redevelop it as part of the planned Flagler Logistics Center industrial project, following a deed-in-lieu of foreclosure from Bridge Investment Group.

Players

Matthew (Matt) McCormack
JLL
Matthew McCormack
31 deals$2.8B volume
BROKER
Jonathan Slager
Bridge Investment Group
Jonathan Slager
27 deals$1.9B volume
SELLER

Details

SOLD
IMAGE: Whitfield Hamilton, Jonathan Slager & Matthew McCormack DATE: 10/10/2025 ADDRESS: 9725 Northwest 117th Avenue MARKET: Medley ASSET TYPE: Office BUYER: Whitfield Hamilton - Hamilton Development SELLER: Jonathan Slager - Bridge Investment Group (@Bridge.CRE) BROKER: Matthew McCormack (@InstantMack) - JLL (@JLL) SALE PRICE: $20,400,000 SF: 126,224 ~ PPSF: $162 NOTE: Hamilton Development acquired a 126,224-square-foot office building at 9725 NW 117th Ave. in Doral’s Flagler Station for $20.4 million via a deed-in-lieu of foreclosure from Bridge Investment Group. The Nashville-based firm plans to demolish the property and redevelop it into part of the planned Flagler Logistics Center industrial project.

Stay in the Know

Subscribe for insider commercial real estate news, deal highlights, and market insights—delivered straight to your inbox.

By subscribing, you agree to our Terms of Service and Privacy Policy.

Similar Deals

Contact

Get in touch with the broker you want

Suggestions
CRE CalculatorAnalyze deals based on income, expenses, and financing. We automatically filled the calculator with data from the deal you are viewing, fill free to modify it to see how it affects the results.
Deal Type
Operating Income
Operating Expenses (Annual)
Net Operating Income (NOI)

$1,087,999.99

Debt Service Coverage Ratio (DSCR)

0.94x

Cap Rate

5.33%

Cash Flow (Annual)-$72,476.90
Cash-on-Cash Return-1.27%
Monthly Debt Service$96,706.41
Annual Debt Service$1,160,476.89