Terra sold Doral Square, a 150,000-square-foot lifestyle retail center located at Doral Boulevard & Northwest 87th Avenue in the market of Doral, to IMC Equity Group for $74 million. The property was completed in 2021 and is nearly fully leased to national and local tenants, serving a key commercial corridor in Doral.

Summary of transaction details:

• Property Type: Retail
• Transaction Amount: $74,000,000
• Square Footage: 150,000
• Price per Square Foot: $493
• Buyer: Yoram Izhak & Carlos Segrera - IMC Equity Group
• Seller: David Martin - Terra
• Broker: Mark Gilbert - Cushman & Wakefield

The transaction features Yoram Izhak and Carlos Segrera as the buyers representing IMC Equity Group, while David Martin is the seller representing Terra. Mark Gilbert of Cushman & Wakefield acted as the broker facilitating this deal.