Joseph Althkefati Acquires Retail Property In Midwood For $14.4M

The property involved in this transaction is a retail space located at 945 Kings Highway in the Midwood market. The sale occurred on November 1, 2021, and the asset spans a total of 37,738 square feet. The property was sold for a price of $14,375,000, resulting in a price per square foot of $380.

Summary of transaction details

• Property Type: Retail
• Transaction Amount: $14,375,000
• Address: 945 Kings Highway
• Market: Midwood

Joseph Althkefati acted as the buyer in this transaction, while Bruce Kirschner was the seller. Josh Augenbaum from Augenbaum Realty Corp represented the buyer, and Nick Zweig from Location Commercial Real Estate and Jack Beyda from Eastern Union represented the seller.