Sebastian Guejman Acquires Retail Buildings In North Miami For $16 Million With Mario Borda As Buyer's Representative

The retail asset involved in the transaction consists of two buildings located at 2104 & 222 Northeast 123rd Street in North Miami. These buildings, known as San Souci Plaza, encompass a total of 47,350 square feet. The transaction was finalized for a total amount of $16,000,000, equating to a price per square foot of $338.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $16,000,000
• Square Footage: 47,350
• Address: 2104 & 222 Northeast 123rd Street
• Market: North Miami
• Buyer's Name: Sebastian Guejman
• Seller's Names: Margot Matthews, Dan P. Heller & Joseph P. Handy
• Buyer’s Representative: Mario Borda - BCRE
• Seller’s Representatives: Brian De La Fé, David Duckworth, John Crotty, Michael Fay & Philip Shapiro - Avison Young

Matthews Real Estate Partners was responsible for the sale of the retail buildings, while the buyer's representative, Mario Borda, was involved through BCRE. The seller had multiple representatives from Avison Young who facilitated the transaction, highlighting a collaborative effort in the deal involving properties built in the 1970s along the Biscayne Corridor.