Sarkis Izmirlian Acquires Retail Property In Overtown For $6.6M

Sarkis Izmirlian has purchased a retail property located at 295 Northwest 20th Street in Overtown. The transaction took place on December 11, 2019, with the seller being Refat Al Tawil. The property spans approximately 25,906 square feet and was sold for a price of $6,600,000, resulting in a price per square foot of $254.

Summary of transaction details

• Property Type: Retail
• Date: 12/11/2019
• Address: 295 Northwest 20th Street
• Market: Overtown
• Seller: Refat Al Tawil
• Buyer: Sarkis Izmirlian
• Price: $6,600,000
• Square Footage: 25,906
• Price per Square Foot: $254

The transaction involved Sarkis Izmirlian as the buyer and Refat Al Tawil as the seller. The property's location in Overtown and retail asset type make it an attractive investment opportunity. Both parties successfully completed the deal, resulting in the sale of the property for a significant amount of money. This transaction showcases the successful collaboration between the buyer and seller, further contributing to the growth of the real estate market in the area.