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MMG Equity Partners Acquires Cutler Bay Shopping Center For $16M

Property Image
SOLD
$16,000,000
Michael Fay
John Crotty
+ 4

Florida

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Retail127,072 SF
Sold 11/04/2019
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Property Image
SOLD

MMG Equity Partners Acquires Cutler Bay Shopping Center For $16M

18901 Southwest 106th Avenue, Cutler Bay, FL, USA

See Similar Deals
Retail127,072 SF
Sold 11/04/2019
Michael Fay
John Crotty
+ 4
Contact now

Summary

FLORIDA
Asset Type:Retail
Price Per Square Foot:$125
Total Square Footage:127,072 SF
Transaction Type:Sale

The shopping center located at 18901 Southwest 106th Avenue in Cutler Bay has been sold for a total price of $16,000,000. The property, which spans a total area of 127,072 square feet, was purchased by MMG Equity Partners from Cutler Center Holdings LLC, with Luis Boschetti representing the seller. The transaction was facilitated by the brokers Rosendo Caveiro, John K. Crotty, Michael T. Fay, David Duckworth, Brian de la Fé, Berkley Bloodworth, and Emily Brais, all from Avison Young.

Summary of transation details

  • Property Type: Shopping center
  • Transaction Amount: $16,000,000
  • Square Footage: 127,072
  • Address: 18901 Southwest 106th Avenue
  • Market: Cutler Bay

The sale, completed on 11/04/2019, involved the shopping center in Cutler Bay. MMG Equity Partners acquired the property from Cutler Center Holdings LLC, with Luis Boschetti representing the seller. The transaction was handled by Rosendo Caveiro, John K. Crotty, Michael T. Fay, David Duckworth, Brian de la Fé, Berkley Bloodworth, and Emily Brais, who are brokers from Avison Young.

Players

Emily Brais
9 deals$97.1M volume(905) 474-1155
BROKER

John Crotty
Avison Young
51 deals$1.5B volume(305) 345-9567
BROKER

Michael Fay
Avison Young
49 deals$1.4B volume(305) 447-7842
BROKER

Berkley Bloodworth
Avison Young
12 deals$146.2M volume
BROKER

David Duckworth
Avison Young
44 deals$1.2B volume
BROKER

Brian de la Fé
Avison Young
46 deals$1.3B volume(305) 476-7134
BROKER

Rosendo Caveiro
Avison Young
3 deals$29.4M volume
BROKER

MMG Equity Partners
BUYER

Details

SOLD
IMAGE: Rosendo Caveiro, John K. Crotty, Michael T. Fay, David Duckworth, Brian de la Fé, Berkley Bloodworth & Emily Brais DATE: 11/04/2019 ADDRESS: 18901 Southwest 106th Avenue MARKET: Cutler Bay ASSET TYPE: Shopping center SELLER: Cutler Center Holdings LLC - Luis Boschetti BUYER: MMG Equity Partners BROKERS: Rosendo Caveiro, John K. Crotty, Michael T. Fay, David Duckworth, Brian de la Fé, Berkley Bloodworth, Emily Brais - Avison Young PRICE: $16,000,000 SF: 127,072 ~ PPSF: $126

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