Walter Wainstein Sells Retail Center In Miami Gardens For $6.14M With Buyer's Reps Andres Villarreal & Joseph Suarez

The property asset involved in this transaction is a retail space located at 19401 Northwest 27th Avenue in Miami Gardens. The sale price was $6,137,500, with a total square footage of 13,277 and a price per square foot of $462.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $6,137,500
• Square Footage: 13,277
• Price per Square Foot: $462
• Seller: Walter Wainstein
• Buyer's Representative: Andres Villarreal & Joseph Suarez - Trustpoint Realty
• Date of Transaction: 01/30/2026

This deal initiated with a cold call regarding a warehouse in Doral, where the owners were looking to retire. The Buyer’s Representatives facilitated a 1031 exchange from a single-tenant asset into a Starbucks-anchored retail center. They secured the listing, engaged with the buyer, and represented both sides in the transaction, leading to placement in a newer center which trades at a 6.67% cap with reliable tenants.