Robert Balogh Acquires $18.5M Retail Property In South Miami With Seller's Rep Avison Young & Maddux Co

The retail property located at 5700 Sunset Drive in South Miami has been sold in a transaction worth $18,500,000. The property spans 30,762 square feet, resulting in a price per square foot of $601. The sale took place on June 23, 2022.

Summary of transation details

• Property Type: Retail
• Transaction Amount: $18,500,000
• Address: 5700 Sunset Drive
• Market: South Miami
• Square Footage: 30,762
• Price Per Square Foot: $601

Robert Balogh has acted as the buyer in this transaction, while the seller is the Estate of Louis M. Jepeway, Jr. The buyer was represented by Adam Freeman. On the seller's side, the representatives involved are Michael T. Fay, Brian C. de la Fé, John K. Crotty, and David Duckworth from Avison Young, along with Joseph H. Weston from Maddux Co.