Milbrook Properties Acquires Retail Asset In Pembroke Pines For $13.5M

A retail property located at 701 Northwest 99 Avenue in Pembroke Pines has been sold for $13,500,000. The property spans 90,226 square feet, resulting in a price per square foot of $149. The transaction took place on December 23, 2019.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $13,500,000
• Address: 701 Northwest 99 Avenue
• Market: Pembroke Pines
• Seller: Bar Invest Group - Jacques Barbera
• Buyer: Milbrook Properties

The sale was facilitated by the brokerage firm Marcus & Millichap, with agents Drew Kristol, Kirk Olson, Jean-Baptiste Ramet representing both parties in the deal.