B-Group Acquires Development Site On Biscayne Blvd In Miami For $23M | 7880 Biscayne Boulevard | Jay Ziv, Sebastian Faerman, Fabio Faerman, Michael Fay, John Crotty, David Duckworth, Brian de la Fe | Development Site | Sale

Summary

Sale

FLORIDA

Development Site

148,450 sqft

A development site located at 7880 Biscayne Blvd in Miami has been sold. The property has a total square footage of 148,450 square feet. The sale price for the site was $23,000,000, resulting in a price per square foot of $155.

Summary of transaction details

Property Type: Development Site
Transaction Amount: $23,000,000
Address: 7880 Biscayne Blvd
Market: Miami

The buyer of the development site was B-Group, represented by Sebastian Barbagallo. The seller was Leo Wu. The brokers involved in the transaction were Brian de la Fe, David Duckworth, Michael Fay, and John Crotty from Avison Young, as well as Fabio Faerman and Sebastian Faerman from FA Commercial.

Players

All
9

Agents
7
Agencies
2

$109M Sold

$226.1M Sold

$257.5M Sold

Principal, Managing Director

$1.1B Sold

$1.1B Sold

$826.7M Sold

$930.4M Sold

Details

Deal Summary

SOLD

IMAGE: Fabio Faerman, Sebastian Faerman, Jay Ziv, Michael T Fay, David Duckworth, Brian de la Fe & John Crotty DATE: 05/15/2023 ADDRESS: 7880 Biscayne Blvd MARKET: Miami ASSET TYPE: Development Site BUYER: B-Group - Sebastian Barbagallo SELLER: Leo Wu BROKERS: Brian de la Fe (@BCdelaFe), David Duckworth, Michael Fay (@MichaelTFay) & John Crotty (@JohnkCrotty), Jay Ziv - Avison Young (@Avison_Young_Global); Fabio Faerman (@Commercialre) & Sebastian Faerman - FA Commercial (@FACommercial) SALE PRICE: $23,000,000 SF: 148,450 ~ PPSF: $155

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Address7880 Biscayne Boulevard

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