Wharton Realty Group Acquires Retail Property In Homestead For $82.75M

The retail property located at 2400 NE 10th Ct in Homestead has been sold for $82,750,000. The transaction took place on January 7, 2022. The property spans approximately 298,000 square feet, resulting in a price per square foot of $278.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $82,750,000
• Address: 2400 NE 10th Ct, Homestead
• Market: Homestead

The buyer of the property is Wharton Realty Group, while the sellers include CREC Capital represented by Alan Esquenazi and Warren Weiser, Highline Real Estate Capital represented by David Moret and Andrew Remick, MMG Equity Partners represented by Gabe Navarro, and Lubert-Adler Real Estate.

The deal was facilitated by brokers Danny Finkle and Eric Williams from JLL.