FINANCED
Namdar Group Acquires Development Site In Downtown Miami For $195M Loan
222 Northeast First Avenue
Development Site
45,000 SF
45,000 SF
Financed 1 year ago
Summary
Loan
FLORIDA
Development Site
45,000 sqft
An undisclosed development site located at 222 Northeast First Avenue in Downtown Miami has recently been involved in a closed property transaction. The property, a development site, boasts a Buildable Square Footage (BSF) of 1,200,000. No additional details about the property are available at this time.
Summary of transaction details:
- Property Type: Development Site
- Transaction Amount: $195,000,000
The lending party involved in this transaction is Slate Property Group, represented by David Schwartz and Martin Nussbaum. The landlord is the Namdar Group. Serving as brokers for the deal are Drew Fletcher and Bryan Grover of Greystone Capital Advisors. No further information is available on the companies or individuals involved in the deal.
Players
All
6
Agents
3
Agencies
2
Lenders
1
Details
FINANCED
IMAGE: Bryan Grover & Drew Fletcher
DATE: 08/25/2022
ADDRESS: 222 Northeast First Avenue
MARKET: Downtown Miami
ASSET TYPE: Development Site ~ BSF: 1,200,000
LENDER: Slate Property Group (@SlatePropertyGroup) - David Schwartz & Martin Nussbaum
LANDLORD: Namdar Group
BROKERS: Drew Fletcher & Bryan Grover (@Bryan.Grover) - Greystone Capital Advisors (@GreystoneCREF)
LOAN AMOUNT: $195,000,000View on map
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Address222 Northeast First Avenue
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