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IMC Equity Acquires Office In Hialeah For $5.9M

1490 West 49th Place
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This Office property located in FL was sold for $5,900,000 over 4 years ago. The brokers of the deal were Adam H. Klein and Douglas (Doug) Mandel

The office property located at 1490 West 49th Place in Hialeah was recently sold for a price of $5,900,000. This property spans a total area of 37,830 square feet, resulting in a price per square foot of $156. The transaction took place on December 10, 2019.

Summary of transaction details

  • Property Type: Office
  • Transaction Amount: $5,900,000
  • Address: 1490 West 49th Place, Hialeah
  • Square Footage: 37,830
  • Price per Square Foot: $156
  • Market: Hialeah

The seller of this property was Cofe Properties, while IMC Equity acted as the buyer. The deal was facilitated by brokers Douglas K. Mandel and Adam H. Klein from Marcus & Millichap.

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Deals
  • Location
    1490 West 49th Place, Hialeah, FL, USA1490 West 49th Place, Hialeah, FL, USA
  • Sale Price
    $5,900,000$5,900,000
    $78 PPSF$78 PPSF
  • Area
    75,660 SF75,660 SF
  • Asset Type
    OfficeOffice
  • Parties
    2 Brokers, 2 Agencies2 Brokers, 2 Agencies

Agents

Adam H. Klein

Adam H. Klein

Deals21
Sold$62.3M

Agencies

SVN

SVN

Agency
Deals179
Volume$1.1B

Marcus & Millichap

Marcus & Millichap

Agency
Deals6999
Volume$66B

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Deal Summary

SALE IMAGE: Yoram Izhak, Douglas K. Mandel & Adam H. Klein DATE: 12/10/2019 ADDRESS: 1490 West 49th Place MARKET: Hialeah ASSET TYPE: Office SELLER: Cofe Properties BUYER: IMC Equity BROKERS: Douglas K. Mandel, Adam H. Klein - Marcus & Millichap PRICE: $5,900,000 SF: 37,830 ~ PPSF: $156

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1490 West 49th Place

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