AEW Capital Acquires Retail Property In Miami For $108.7M
1650 Northwest 117th Place
Retail
412,000 SF
412,000 SF
Sold 1 year ago
Summary
A retail property located at 1650 NW 117th Pl in Miami was recently sold for $108,700,000. The property spans a total area of 412,000 square feet, resulting in a price per square foot of $264. The transaction took place on December 15, 2021.
Summary of transaction details:
- Property Type: Retail
- Transaction Amount: $108,700,000
The buyer of the property was AEW Capital, while the sellers were Stiles Corporation and Lubert Adler Real Estate Funds. The deal was facilitated by brokers Danny Finkle, Eric Williams, and Alex Sharrin from JLL.
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1650 Northwest 117th Place
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