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1675 North Military Trail

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

  • Location image 1675 N Military Trl, Boca Raton, FL, USA
  • Sold Value
    image $20,000,000
    image $286
  • Asset Type image Office
  • Area image 70,000 SF
  • Parties image3 Brokers,1 Lender,2 Agencies
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Tyler Kuhlman

Marcus & Millichap
  • Deals 20
  • Volume $306,480,000
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Douglas (Doug) Mandel

Marcus & Millichap
  • Deals 32
  • Volume $452,500,000
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Jonathan More

Mission Capital
  • Deals 9
  • Volume $230,800,000
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Lender
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Comparables: 1675 North Military Trail

Showing 4 of 24

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Price Icon $18,750,000

  • StatusSOLD, $568 PPSF
  • Date05/16/22
  • Address89 Northeast 27th Street, Miami, Florida 33137, United States
  • Address89 Northeast...
  • AssetOFFICE
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Price Icon $19,750,000

  • StatusSOLD, $144 PPSF
  • Date06/01/22
  • Address633 Northeast 167th Street, Miami, Florida 33162, United States
  • Address633 Northeast...
  • AssetOFFICE
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Price Icon $21,780,000

  • StatusSOLD, $545 PPSF
  • Date05/19/22
  • Address13340 Metro Parkway, Fort Myers, Florida 33966, United States
  • Address13340 Metro...
  • AssetOFFICE
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Price Icon $20,072,000

  • StatusSOLD, $302 PPSF
  • Date04/15/22
  • Address11731 Mills Drive, Miami, Florida 33183, United States
  • Address11731 Mills...
  • AssetOFFICE
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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.

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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.

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Contact Tyler 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...

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