Hidrock Properties Acquires Retail Property In Miami For $19M With Miguel Pinto - APEX Capital Realty As The Broker

The retail property located at 1601 N. Miami Ave. in Miami has been sold for a sale price of $19,000,000. Spanning across 38,310 square feet, the property was acquired by Hidrock Properties - Eddie Hidary, Abie Hidary, and David Huke, along with LNDMRK Development represented by Alex Karakhanian. The seller in this transaction was Alex Karakhanian, while the deal was facilitated by Miguel Pinto of APEX Capital Realty.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $19,000,000
• Square Footage: 38,310
• Price Per Square Foot: $495
• Address: 1601 N. Miami Ave., Miami
• Market: Miami

The acquisition of the retail property at 1601 N. Miami Ave. involved several key individuals and companies. Hidrock Properties, represented by Eddie Hidary, Abie Hidary, and David Huke, partnered with LNDMRK Development, represented by Alex Karakhanian, to complete the transaction. Miguel Pinto of APEX Capital Realty served as the broker in the deal.