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1016 Northeast 2nd Avenue
SOLD

Naftali Group Acquires Development Site In Downtown Miami For $40.5M

1016 Northeast 2nd Avenue

Development Site
44,500 SF
clock iconSold 1 year ago
Bradley Arendt
Cecilia Estevez
Mika Mattingly
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Summary

Sale
FLORIDA
Development Site
44,500 sqft

Naftali Group has acquired a development site in Downtown Miami for $40,500,000. The property, located at 1016 NE 2nd Ave, boasts a total square footage of 44,500. The price per square foot comes to approximately $910.

Summary of transaction details

  • Property Type: Development Site
  • Transaction Amount: $40,500,000
  • Address: 1016 NE 2nd Ave, Downtown Miami

The buyer, Naftali Group, successfully completed the acquisition from the seller, Akara Partners. The deal was facilitated by Mika Mattingly, Cecilia Estevez, and Bradley Arendt from Colliers Urban Core Division, representing both the buyer and seller as brokers.

Players

  • All

    4

  • Agents

    3

  • Agencies

    1

Bradley Arendt's profile picture
Bradley Arendt
Colliers International-image
Director
$141.6M Sold
Cecilia Estevez's profile picture

Details

Deal Summary
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SOLD
IMAGE: Mika Mattingly, Bradley Arendt & Cecilia Estevez DATE: 03/25/2022 ADDRESS: 1016 NE 2nd Ave MARKET: Downtown Miami ASSET TYPE: Development Site BUYER: Naftali Group (@Naftali_Group) SELLER: Akara Partners (@AkaraPartners) BROKERS: Mika Mattingly, Cecilia Estevez & Bradley Arendt - Colliers Urban Core Division SALE PRICE: $40,500,000 BSF: 1,100,000 ~ PPBSF: $37 SF: 44,500 ~ PPSF: $910

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Address1016 Northeast 2nd Avenue

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