Gregory Galy's Mila Group Acquires Retail Asset In Miami For $9.5M

The retail property located at 40 Southwest North River Drive in Miami has been sold for a price of $9,500,000. The transaction took place on May 28, 2021. The property was purchased by Gregory Galy of Mila Group and Pacific Star Capital, while the seller was the Melo Group, represented by Carlos Melo, Martin Melo, and Jose Luis Melo. The buyer was represented by Aaron Butler of Avenue Real Estate Partners, and the seller was represented by Joel Rodriguez of Global Investments Realty.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $9,500,000
• Date: 05/28/2021
• Address: 40 Southwest North River Drive, Miami

This transaction involved the purchase of a retail property in Miami. The buyer, Gregory Galy, represents Mila Group and Pacific Star Capital, while the seller, the Melo Group, is represented by Carlos Melo, Martin Melo, and Jose Luis Melo. The buyer's representative in the deal was Aaron Butler of Avenue Real Estate Partners, and the seller's representative was Joel Rodriguez of Global Investments Realty.