Wharton Realty Group Acquires Retail Property In Homestead For $82M

The retail property located at 2605 NE 10th Ct in Homestead has been sold for a price of $82,000,000. The property spans across 302,346 square feet, with a price per square foot of $274. The transaction took place on 01/07/2022. The property was acquired by Wharton Realty Group from the sellers CREC Capital, Lubert-Adler Real Estate Funds, MMG Equity Partners, and Highline Real Estate Capital.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $82,000,000
• Address: 2605 NE 10th Ct, Homestead
• Square Footage: 302,346
• Price per Square Foot: $274
• Market: Homestead

The deal was facilitated by brokers Danny Finkle and Eric Williams from JLL, representing the buyer, Wharton Realty Group.