Stefan Grosfeld Of Triarch Capital Group Acquires Retail Property In Miami For $7.6M

The property asset involved in this transaction is a retail space located at 1204 Southwest 8th Street in Miami. The sale was completed for a price of $7,600,000, with the asset covering a total area of 3,065 square feet. The price per square foot (PPSF) stands at $2,479.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $7,600,000
• Address: 1204 Southwest 8th Street
• Market: Miami
• Square Footage: 3,065
• Price Per Square Foot: $2,479
• Buyer: Stefan Grosfeld - Triarch Capital Group
• Seller: Sam Gee
• Buyer's Representative: Eli Sasson Bril & Elad Barokas - AXIOM Capital Advisors
• Seller's Representatives: Ari Ravi, Nathan Timmons, Stephen R. Preuss Sr., Kevin Louie & Eric Delafraz - Ripco

The deal involves multiple key individuals and companies. The buyer, Stefan Grosfeld, is associated with Triarch Capital Group. The seller of the property is Sam Gee. Representation for the buyer came from Eli Sasson Bril and Elad Barokas of AXIOM Capital Advisors, while the seller was represented by a team from Ripco that includes Ari Ravi, Nathan Timmons, Stephen R. Preuss Sr., Kevin Louie, and Eric Delafraz.