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| Aventura Business Park Miami-Dade County, FL |
MIAMI, FL – Marcus & Millichap Real Estate Investment
Services, the nation’s largest real estate investment services firm, has
arranged the sale of Aventura Business Park, a 203,567-square foot
industrial warehouse park. The asset commanded a selling price of $17.3
million, or approximately $85 per square foot.
Douglas
K. Mandel, a vice president investments in Marcus & Millichap’s Fort
Lauderdale office, represented both the seller, and the buyer, Bristol Group
Inc.
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| Douglas K. Mandel |
“A best-of-class asset in a land-constrained market with
high barriers to entry, the property offers exceptional upside potential,
particularly considering its low cost of ownership,” says Mandel.
Completed in 1989, the property consists of three buildings
situated in a secure office park setting located just off Interstate 95 and
Ives Dairy Road.
For a complete copy of the company’s news release, please
contact:
Public Relations
(925) 953-1716
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