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A& Storage Acquires Retail Property In Miami For $22.35M With CBRE Brokers

16500-16515 South West 88th Street
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This Retail property located in FL was sold for $22,350,000 almost 3 years ago. The brokers of the deal were Casey Rosen and Dennis Carson

16500-16515 SW 88th St, a retail property located in Miami, was recently sold in a transaction that took place on 04/07/2021. The property, spanning 77,051 square feet, was acquired by A+ Storage at a price of $22,350,000, resulting in a price per square foot of $290. The seller, Northbridge Capital, was represented by Adam & Michael Lazier. Dennis Carson and Casey Rosen of CBRE acted as the brokers in this deal.

Summary of transaction details:

  • Property Type: Retail
  • Transaction Amount: $22,350,000
  • Address: 16500-16515 SW 88th St, Miami
  • Market: Miami

The sale of 16500-16515 SW 88th St was facilitated by Dennis Carson and Casey Rosen of CBRE, who represented the seller, Northbridge Capital, in the transaction. A+ Storage emerged as the buyer, acquiring the retail property for a total amount of $22,350,000. Adam & Michael Lazier were the representatives for the seller in this deal.

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Deals
  • Location
    16500 Southwest 88th Street, Miami, FL 33196, USA16500 Southwest 88th Street, Miami, FL 33196, USA
  • Sale Price
    $22,350,000$22,350,000
    $290 PPSF$290 PPSF
  • Area
    77,051 SF77,051 SF
  • Asset Type
    RetailRetail
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Dennis Carson

Dennis Carson

Deals11
Sold$368.5M

Casey Rosen

Casey Rosen

Deals7
Sold$264.4M

Agency

CBRE

CBRE

Agency
Deals4229
Volume$184.3B

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Deal Summary

SALE IMAGE: Dennis Carson, Adam Lazier, Casey Rosen & Michael Lazier DATE: 04/07/2021 ADDRESS: 16500-16515 SW 88th St MARKET: Miami ASSET TYPE: Retail BUYER: A+ Storage SELLER: Northbridge Capital - Adam & Michael Lazier BROKERS: Dennis Carson & Casey Rosen - CBRE PRICE: $22,350,000 SF: 77,051 ~ PPSF: $290

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16500-16515 South West 88th Street

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