Adam Frank Acquires CATCH Miami Beach Restaurant From Robert Rivani For $28.2M

The asset involved in the transaction is a retail property located at 200 South Pointe Drive in Miami Beach. The sale price for the property was $28,200,000. The property encompasses a total area of 20,630 square feet, resulting in a price per square foot of $1,366.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $28,200,000
• Address: 200 South Pointe Drive
• Market: Miami Beach
• Square Footage: 20,630
• Price Per Square Foot: $1,366
• Buyer: Adam Frank
• Seller: Robert Rivani
• Buyer's Representative: David B. Chasin (DavidChasin) & Daylin Ackerman - Pegasus Investments Real Estate Advisory
• Seller's Representatives: Alex Sharrin, Jeffrey Cicurel, Noel O'Donnell & Joe Luebker - JLL

JLL Capital Markets facilitated the sale and represented the seller, Robert Rivani, while also securing the buyer, Adam Frank. This transaction involved representatives from both sides, with JLL's Alex Sharrin and Jeffrey Cicurel playing key roles in the sale process, while David B. Chasin and Daylin Ackerman from Pegasus Investments represented the interests of the buyer.