Adam Frank Of River Oaks Properties Purchases Retail Asset In Miami For $27 Million

The retail asset located at 111 - 115 Northeast 40th Street in Miami has a sale price of $27,000,000. The property encompasses a total square footage of 5,876, translating to a price per square foot of $4,595.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $27,000,000
• Address: 111 - 115 Northeast 40th Street
• Market: Miami
• Square Footage: 5,876
• Price Per Square Foot: $4,595
• Buyer: Adam Frank - River Oaks Properties
• Seller: Jordan E. Slone - Harbor Group International
• Buyer's Representative: David B. Chasin & Daylin Ackerman - Pegasus Investments Real Estate Advisory
• Seller's Representative: Jordan Gimelstein - Inhouse Commercial

The transaction involved Adam Frank representing River Oaks Properties as the buyer while Jordan E. Slone represented Harbor Group International as the seller. The respective representatives, David B. Chasin and Daylin Ackerman from Pegasus Investments Real Estate Advisory, facilitated the buyer's interests, while Jordan Gimelstein from Inhouse Commercial represented the seller in this deal.