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2690 Southwest 22nd Street
SOLD

B Group Capital Management Acquires Retail Asset In Miami For $23.7M

2690 Southwest 22nd Street

Retail
48,993 SF
clock iconSold 1 year ago
Kirk Olson
Drew Kristol
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Summary

Sale
FLORIDA
Retail
48,993 sqft

An investment property located at 2690 Southwest 22nd Street in Miami was recently sold for a total of $23,700,000. The property is a retail asset with a total square footage of 48,993. The sale price per square foot was calculated to be $484. The transaction also included an area of 3.2 acres, with a price per acre of approximately $7,406,250.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $23,700,000
  • Address: 2690 Southwest 22nd Street, Miami
  • Market: Miami

The buyer of the property was B Group Capital Management, represented by Sebastian Barbagallo. The seller in this transaction was Rajen Properties. The deal was facilitated by brokers Kirk Olson and Drew Kristol from Marcus & Millichap.

Players

  • All

    3

  • Agents

    2

  • Agencies

    1

Kirk Olson's profile picture
Kirk Olson
Marcus & Millichap-image
Senior Vice President Investments
$355.4M Sold

Details

Deal Summary
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SOLD
IMAGE: Kirk Olson, Sebastian Barbagallo & Drew Kristol DATE: 08/23/2021 ADDRESS: 2690 Southwest 22nd Street MARKET: Miami ASSET TYPE: Retail BUYER: B Group Capital Management - Sebastian Barbagallo SELLER: Rajen Properties BROKERS: Kirk Olson & Drew Kristol - Marcus & Millichap SALE PRICE: $23,700,000 SF: 48,993 ~ PPSF: $484 ACRES: 3.2 ~ PPA: $7,406,250

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Address2690 Southwest 22nd Street

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