REX Gryphon Restaurants Acquires Retail Asset On 50 Biscayne Boulevard In Miami For $5.8M

Located at 50 Biscayne Boulevard in Miami, this retail property has been sold in a closed transaction. The property spans 7,500 square feet and was sold for a price of $5,800,000, resulting in a price per square foot of $773.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $5,800,000
• Address: 50 Biscayne Boulevard
• Market: Miami

The buyer of this property is REX Gryphon Restaurants, represented by Brent Brown. On the other hand, TTN Holdings, represented by Glafira Tokarev, acted as the seller. The buyer's representative in this deal is Zach Winkler from JLL, while Arnaldo Cantero III from BGRS Commercial Real Estate Advisory represented the seller.