Claude Cohen Of Magnum Property Acquires Retail Asset In Miami From Bristlecone Holdings For $5M

The retail property located at 201 North Miami Avenue in Miami features a total square footage of 13,500. This asset was sold for a transaction amount of $5,000,000, which translates to a price per square foot of $370.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,000,000
• Address: 201 North Miami Avenue
• Market: Miami
• Square Footage: 13,500
• Price per Square Foot: $370
• Buyer: Claude Cohen - Magnum Property
• Seller: Mark Morkos - Bristlecone Holdings
• Seller's Representative: Mika Mattingly & Cecilia Estevez - Colliers

Claude Cohen represents Magnum Property as the buyer in this transaction, while Mark Morkos is involved as the seller representing Bristlecone Holdings. The seller is represented in the negotiation by brokers Mika Mattingly and Cecilia Estevez from Colliers.