Zurich Alternative Asset Management Acquires Coral Gables Retail Property For $46.75M | 6701 Red Road | Luis Castillo, Eric Williams, Danny Finkle | Retail | Sale

Summary

Sale

FLORIDA

Retail

600,000 sqft

The property involved in this transaction is a retail asset located at 6701 Red Road in Coral Gables. The property spans 60,000 square feet and was sold for a price of $46,750,000, resulting in a price per square foot of $783.

Summary of transaction details

Property Type: Retail
Transaction Amount: $46,750,000
Address: 6701 Red Road
Market: Coral Gables

The buyer in this transaction is Zurich Alternative Asset Management, represented by Sean Bannon. The seller is Prudential Insurance Company of America. The deal was facilitated by brokers Danny Finkle, Luis Castillo, and Eric Williams from JLL.

Players

All
4

Agents
3
Agencies
1

$767.6M Sold

$1.8B Sold

Senior Managing Director

$2.3B Sold

JLL

Details

Deal Summary

SOLD

IMAGE: Jeff Bezos, Sean Bannon, Danny Finkle, Luis Castillo & Eric Williams DATE: 05/21/2020 ADDRESS: 6701 Red Road MARKET: Coral Gables ASSET TYPE: Retail PRICE: $46,750,000 SF: 60,000 PPSF: $783 BUYER: Zurich Alternative Asset Management – Sean Bannon SELLER: Prudential Insurance Company of America BROKERS: Danny Finkle, Luis Castillo & Eric Williams – JLL

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Address6701 Red Road

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