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5901 Madison Avenue & 2250 North State Road 7⁠
SOLD

Redwood Capital Investments & Allegis Group Acquire Retail Properties In Tamarac & Margate For $60.5M

5901 Madison Avenue & 2250 North State Road 7⁠

Retail
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Summary

Sale
FLORIDA
Retail

The retail property located at 5901 Madison Avenue & 2250 North State Road 7 in Tamarac & Margate was recently sold for $60,500,000. The transaction took place on September 25, 2020.

Summary of transaction details

  • Property Type: Retail
  • Transaction Amount: $60,500,000

The buyer of the property was Redwood Capital Investments and Allegis Group represented by Jim Davis and Steve Bisciotti. On the other hand, the seller was Arrigo Automotive Group, with Jim and John Arrigo as the representatives in the deal.

Details

Deal Summary
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SOLD
IMAGE: Steve Bisciotti, Jim Arrigo, & John Arrigo⁠ DATE: 09/25/2020⁠ ADDRESS: 5901 Madison Avenue & 2250 North State Road 7⁠ MARKET: Tamarac & Margate⁠ ASSET TYPE: Retail⁠⁠ BUYER: Redwood Capital Investments & Allegis Group - Jim Davis & Steve Bisciotti⁠ SELLER: Arrigo Automotive Group - Jim & John Arrigo⁠ PRICE: $60,500,000

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Address5901 Madison Avenue & 2250 North State Road 7⁠

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