 |
| Ahmed Kabani |
MIAMI SPRINGS, FL, Sept. 4, 2018 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate investment services firm with offices throughout the United States and Canada, today announced the sale of Miami Airport Hotel Site, a 40,500-square foot Property Type in Miami Springs, FL, according to Scott Lunine, Regional Manager of the firm’s Miami office. The asset sold for $3,470,000.
Ahmed Kabani, First Vice President, Investment Sales and Senior Director at Marcus Millichap who represented the seller in this transaction, had the exclusive listing to market the property on behalf of the seller, a limited liability company.
“The site is perfectly positioned to capitalize on the enormous growth at Miami Airport where occupancy is over 75% plus and major hotel chains are actively looking for good site in this market,” Kabani said.
The buyer is south Florida developer and hotel owner and planning to build 150 rooms at this site.
Contact:
Scott Lunine
Vice President / Regional Manager, Miami
(786) 522-7000 or
Daniella Aragon,
No comments:
Post a Comment