Taillard Capital Purchases Retail Property In North Miami Beach For $46M

The retail property located at 1421 Northeast 163rd Street in North Miami Beach was sold in a swift transaction for $46,000,000. Spanning 388,000 square feet, the property was acquired by Yaniv Sananes & Mickey Taillard of Taillard Capital from the seller, Brixmor, with the assistance of broker John Crotty from Avison Young.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $46,000,000
• Market: North Miami Beach
• Square Footage: 388,000
• Buyer: Yaniv Sananes & Mickey Taillard - Taillard Capital
• Seller: Brixmor
• Broker: John Crotty - Avison Young
• Buyer's Note: Taillard Capital and Yaniv Sananes closed on the deal in 7 days in an all-cash transaction. They are actively seeking opportunistic deals that can be swiftly concluded.

The successful acquisition of the property underscores Taillard Capital and Yaniv Sananes' proactive approach in seizing investment opportunities that align with their ability to swiftly execute transactions. This demonstrates their agility and readiness to capitalize on strategic real estate deals to enhance their portfolio and further their investment goals.