Joseph Cohen Acquires Retail Space At 269 Miracle Mile For $5,950,000 With Mario Borda As Buyer's Rep

The property involved in this transaction is a retail asset located at 269 Miracle Mile in Coral Gables. It was sold for $5,950,000, encompassing a total square footage of 4,482, which equates to a price per square foot of $1,327.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $5,950,000
• Address: 269 Miracle Mile
• Market: Coral Gables
• Buyer: Joseph Cohen
• Seller: Phyllis McHenry and TDR
• Buyer's Representative: Mario Borda
• Seller's Representative: Christian Arrabal - AdviseCRE
• Square Footage: 4,482
• Price per Square Foot: $1,327

This transaction features key representatives in the brokerage community, with Mario Borda representing the buyer and Christian Arrabal from AdviseCRE representing the seller. Notably, this sale marks AdviseCRE's 20th transaction in Coral Gables over a span of under three years, highlighting their focus and expertise in advising owners on leasing and investment sales within the submarket.