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Cabessa Real Estate & Investments Acquires Margate Industrial Property For $10.7M With Buyer's Rep Tyler Kuhlman & Douglas Mandel

2200-2248 Mears Parkway
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This Industrial property located in FL was sold for $10,700,000 about 2 years ago. The brokers of the deal were Tyler Kuhlman and Douglas (Doug) Mandel

An industrial property located at 2200-2248 Mears Parkway in Margate has been sold for a price of $10,700,000. The property spans across 5 acres and has a total square footage of 56,988. It is situated in a market known for its industrial properties.

Summary of transaction details

  • Property Type: Industrial
  • Transaction Amount: $10,700,000
  • Address: 2200-2248 Mears Parkway, Margate
  • Market: Margate
  • Asset Type: Industrial
  • Acres: 5

The buyer of the property is Asi Cabessa from Cabessa Real Estate & Investments, along with Edward Cohen Habaz. The seller of the property is Michael McCarty and Rory McCarty from RRK Properties. The transaction was facilitated by brokers Tyler Kuhlman and Douglas Mandel from Marcus & Millichap.

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Deals
  • Location
    2200 Northwest 19th Street, Margate, Florida 33063, United States2200 Northwest 19th Street, Margate, Florida 33063, United States
  • Sale Price
    $10,700,000$10,700,000
    $187 PPSF$187 PPSF
  • Area
    56,988 SF56,988 SF
  • Asset Type
    IndustrialIndustrial
  • Parties
    2 Brokers, 1 Agency2 Brokers, 1 Agency

Agents

Tyler Kuhlman

Tyler Kuhlman

Deals31
Sold$514.4M

Agency

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Tyler Kuhlman & Douglas Mandel DATE: 03/21/2022 ADDRESS: 2200-2248 Mears Parkway MARKET: Margate ASSET TYPE: Industrial ~ ACRES: 5 BUYER: Asi Cabessa - Cabessa Real Estate & Investments & Edward Cohen Habaz SELLER: Michael McCarty; Rory McCarty - RRK Properties BROKERS: Tyler Kuhlman & Douglas Mandel - Marcus & Millichap (@MarcusMillichap_FL) SALE PRICE: $10,700,000 SF: 56,988 ~ PPSF: $188

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2200-2248 Mears Parkway

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