SOLD
Elysee Investments Acquires Aventura Plaza Retail Center For $48M
17801 Biscayne Boulevard
Retail
90,000 SF
90,000 SF
Sold 85 days ago
Summary
Sale
FLORIDA
Retail
90,000 sqft
Miami-based Elysee Investments has acquired Aventura Plaza, a retail property located at 17801 Biscayne Boulevard in Aventura. The property includes a 90,000 square feet shopping center with a two-story office building. The transaction was facilitated by Cushman & Wakefield and the purchase price was $48 million. The price per square foot came out to $533.
Summary of transaction details
- Property Type: Retail
- Transaction Amount: $48,000,000
- Address: 17801 Biscayne Boulevard
- Market: Aventura
- Buyer: Haim Yehezkel - Elysee Investments
- Seller: Marilyn Klompus - Aventura Plaza Partners
- Brokers: Adam Feinstein, Mark Gilbert & Mitchell Halpern - Cushman & Wakefield
This acquisition generated increased interest in Aventura Plaza following the recent arrival of Plum Market last year. The deal was successfully executed by the team at Cushman & Wakefield, including brokers Adam Feinstein, Mark Gilbert, and Mitchell Halpern.
Players
All
4
Agents
3
Agencies
1
Details
SOLD
IMAGE: Mark Gilbert, Adam Feinstein & Mitchell Halpern
DATE: 02/07/2024
ADDRESS: 17801 Biscayne Boulevard
MARKET: Aventura
ASSET TYPE: Retail
BUYER: Haim Yehezkel - Elysee Investments
SELLER: Marilyn Klompus - Aventura Plaza Partners
BROKERS: Adam Feinstein, Mark Gilbert & Mitchell Halpern - Cushman & Wakefield (@CushWake)
SALE PRICE: $48,000,000
SF: 90,000 ~ PPSF: $533
NOTE: Miami-based Elysee Investments purchased Aventura Plaza, a 90K SF shopping center with a two-story office building, for $48 million. The acquisition, facilitated by Cushman & Wakefield, saw increased interest following the arrival of Plum Market last year.View on map
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Address17801 Biscayne Boulevard
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