USA Express Inc. Acquires Retail Asset From Spencer Friedman For $8 Million In Miami

The property asset involved in this transaction is a retail space located at 13199 Southwest 112th Street in the Miami market, which encompasses a total square footage of 45,738. The transaction was completed at a sale price of $8,000,000, resulting in a price per square foot of $174.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $8,000,000
• Buyer: USA Express, Inc.
• Seller: Spencer Friedman - CF Properties
• Broker: Billy Weiser - Colliers

The deal was facilitated by Billy Weiser, who represented Spencer Friedman in the transaction. The involvement of Colliers signifies a collaboration between the brokerage and the seller to complete the sale effectively within the market.