MMG Equity Partners Acquires Homestead Shopping Center For $5.6M

The property involved in this transaction is a shopping center located at 10969 Southwest 40th Street in the Homestead market. The sale was completed at a transaction amount of $5,600,000, with a total square footage of 43,781. The price per square foot for this asset is $128.

Summary of transaction details:

• Property Type: Shopping center
• Transaction Amount: $5,600,000
• Address: 10969 Southwest 40th Street
• Market: Homestead
• Square Footage: 43,781
• Price Per Square Foot: $128
• Buyer: MMG Equity Partners
• Buyer Representatives: Marcos Puente, Gabriel Navarro
• Seller: JLS Const. Corporation

The buyer in this transaction, MMG Equity Partners, was represented by Marcos Puente and Gabriel Navarro, who facilitated the acquisition of the shopping center from seller JLS Const. Corporation. This transaction highlights the involvement of key individuals in the commercial real estate market.