Brixmor Sells Retail Property For $46M In Miami

The retail property located at 1421 NE 163rd Street in Miami was sold for $46,000,000. Spanning 342,435 square feet, the property was acquired at a price per square foot of $134. The transaction was completed on 03/11/2024, with Brixmor as the seller.

Summary of transation details:

• Property Type: Retail
• Transaction Amount: $46,000,000
• Buyer: Yaniv Sananes, Chaim Breier, Jeremy Eisenberger, Mickey Taillard, Michael Biberman, Matt Press & Isaac Khabie
• Seller: Brixmor
• Brokers: Brian de la Fe, Michael Fay, John Crotty & David Duckworth - Avison Young

The deal's key individuals included Brian de la Fe, Michael Fay, John Crotty, and David Duckworth from Avison Young, who represented the transaction. The buyers, Yaniv Sananes, Chaim Breier, Jeremy Eisenberger, Mickey Taillard, Michael Biberman, Matt Press, and Isaac Khabie, successfully closed the acquisition of the Miami retail property.