Nicolas Brocherie Of 1055 Station LLC Acquires Retail Property In Miami For $3.1M

1055 Station LLC acquired an 11,765 SF retail property located at 1055 Northwest 62nd Street in Miami. The transaction was completed at a sale price of $3,100,000, resulting in a price per square foot of $263. The property encompasses 0.87 acres.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $3,100,000
• Buyer: Nicolas Brocherie - 1055 Station LLC
• Seller: Victor Uzan - Warehouses NW 62 ST LLC
• Broker: Juan Andres Nava - Metro 1 Commercial
• Loan Amount: $2,750,000
• Loan Maturity: 2028
• Previous Purchase Price: $1,750,000
• Previous Purchase Year: 2021

Juan Andres Nava represented the buyer in this transaction, facilitating the acquisition of the property from the seller, Warehouses NW 62 ST LLC, who had held the asset since 2021. The financing secured for this deal plays a crucial role in its realization, indicating strategic investment plans by 1055 Station LLC.