The Office property located in Miami that spans 70,000 square feet sold for $20,000,000 or $286 PPSF. The deal closed 8 months and 26 days ago. The brokers of the deal were Tyler Kuhlman, Douglas (Doug) Mandel and Jonathan More
SALE
IMAGE: Jonathan More, Scott Sherman, Douglas K. Mandel & Tyler S. Kuhlman
DATE: 11/23/2021
ADDRESS: 1675 N Military Trl
MARKET: Boca Raton
ASSET TYPE: Office
BUYER: Scott Sherman – Tricera Capital
SELLER: Randy Rossini – 5295 Center Realty Associates
BROKERS: Tyler S. Kuhlman (@TylerKuhlman_), Douglas K. Mandel, Jonathan More – Marcus & Millichap
SALE PRICE: $20,000,000
SF: 70,000 ~ PPSF: $286
NOTE: “Lack of new construction has driven rental rates and occupancy as Florida continues to see strength in fundamentals predicated on population and financial migration,” stated Kuhlman. Jonathan Moore assisted by securing nearly $20M in financing for Tricera Capital.
SALE
IMAGE: Jonathan More, Scott Sherman, Douglas K. Mandel & Tyler S. Kuhlman
DATE: 11/23/2021
ADDRESS: 1675 N Military Trl
MARKET: Boca Raton
ASSET TYPE: Office
BUYER: Scott Sherman – Tricera Capital
SELLER: Randy Rossini – 5295 Center Realty Associates
BROKERS: Tyler S. Kuhlman (@TylerKuhlman_), Douglas K. Mandel, Jonathan More – Marcus & Millichap
SALE PRICE: $20,000,000
SF: 70,000 ~ PPSF: $286
NOTE: “Lack of new construction has driven rental rates and occupancy as Florida continues to see strength in fundamentals predicated on population and financial migration,” stated Kuhlman. Jonathan Moore assisted by securing nearly $20M in financing for Tricera Capital.
ContactTyler Kuhlman
Tyler Kuhlman is an investment sales associate in Marcus & Millichap’s Fort Lauderdale office. Mr. Kuhlman specializes in the acquisition...
Douglas K. Mandel is an Executive Managing Director in the Fort Lauderdale Office of Marcus & Millichap. He is also...
Jonathan More is a Senior Vice President for MM Capital Corporation, where he is responsible for originating, underwriting and structuring...
This Deal on Social
SALE
IMAGE: Jonathan More, Scott Sherman, Douglas K. Mandel & Tyler S. Kuhlman
DATE: 11/23/2021
ADDRESS: 1675 N Military Trl
MARKET: Boca Raton
ASSET TYPE: Office
BUYER: Scott Sherman – Tricera Capital
SELLER: Randy Rossini – 5295 Center Realty Associates
BROKERS: Tyler S. Kuhlman (@TylerKuhlman_), Douglas K. Mandel, Jonathan More – Marcus & Millichap
SALE PRICE: $20,000,000
SF: 70,000 ~ PPSF: $286
NOTE: “Lack of new construction has driven rental rates and occupancy as Florida continues to see strength in fundamentals predicated on population and financial migration,” stated Kuhlman. Jonathan Moore assisted by securing nearly $20M in financing for Tricera Capital.
Text Content:
SALE
IMAGE: Jonathan More, Scott Sherman, Douglas K. Mandel & Tyler S. Kuhlman
DATE: 11/23/2021
ADDRESS: 1675 N Military Trl
MARKET: Boca Raton
ASSET TYPE: Office
BUYER: Scott Sherman – Tricera Capital
SELLER: Randy Rossini – 5295 Center Realty Associates
BROKERS: Tyler S. Kuhlman (@TylerKuhlman_), Douglas K. Mandel, Jonathan More – Marcus & Millichap
SALE PRICE: $20,000,000
SF: 70,000 ~ PPSF: $286
NOTE: “Lack of new construction has driven rental rates and occupancy as Florida continues to see strength in fundamentals predicated on population and financial migration,” stated Kuhlman. Jonathan Moore assisted by securing nearly $20M in financing for Tricera Capital.