Regal Acquisitions Acquires Retail Property On 2000 Collins Avenue For $34M

A retail property located at 2000 Collins Avenue in South Beach has been sold in a recent transaction. The property spans a total of 34,480 square feet and was sold for a total price of $34,000,000, leading to a price per square foot of $986.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $34,000,000
• Address: 2000 Collins Avenue
• Market: South Beach
• Buyer: Regal Acquisitions - Alex Smith, Joey Cohen & Sean Dainese
• Seller: Madison Capital
• Brokers: Joseph Ash & Isaac Shabot - KSR

The deal was facilitated with the assistance of the brokers Joseph Ash and Isaac Shabot from KSR. Additionally, it is worth mentioning that Kassin Sabbagh Realty is expanding its presence by establishing an office in South Florida. They are actively seeking off-market opportunities across the state for retail, office, industrial, and multifamily properties.