Asana Partners Acquires Retail Asset In Miami For $62.1 Million From Red Bird Associates

The property asset involved in this transaction is a retail space located at 5761 Southwest 40th Street in Miami. The sale occurred for a total amount of $62,100,000, covering an area of 92,089 square feet, which results in a price per square foot of $674.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $62,100,000
• Address: 5761 Southwest 40th Street
• Market: Miami
• Square Footage: 92,089
• Price Per Square Foot: $674
• Buyer: Asana Partners
• Seller: Stephen Brandon, Joel Bayer & Mark A. Morgan - Red Bird Associates
• Brokers: Jorge Portela, Danny Finkle, Kim Flores, Evan Lahr & Jacob Wise - JLL

This transaction involved key players such as Asana Partners as the buyer, and Stephen Brandon, Joel Bayer, and Mark A. Morgan from Red Bird Associates as the sellers. The deal was facilitated by brokers Jorge Portela, Danny Finkle, Kim Flores, Evan Lahr, and Jacob Wise, all representing the brokerage firm JLL.