Moishe Mana Pays $300 PSF For Downtown Miami Office Property

Apr 30, 2019 No Comments by

Marcus & Millichap facilitated the sale of the Silver Bell Building, a 7,500-square-foot office property located at 108 S. Miami Avenue in Miami, according to Scott Lunine, Regional Manager of the firm’s Miami office.

The asset sold for $2,300,000.

 

“The property was a great boutique office building with ground floor retail on Miami Ave in Miami’s CBD.  There were several offers from investors from around the country and Moishe Mana, who was represented by Mika Mattingly, bought the property to complete his assemblage from the property he recently purchased next door.

Ryan T. Shaw, an investment specialist in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, an individual/personal trust.

 

“This particular location of downtown will experience a lot of new activity over the next few years with the development of the property next door that was purchase by Melo last year and several new tenants that have been mentioned to potential fill office space on the surrounding blocks,” said Shaw.

The three-story office building with ground floor retail was original built as a hotel in the 1920’s.

 

————————-

Get the latest industry news and information from CRE-sources delivered right to your email inbox!
And we promise…no more than one email each morning.

CLICK HERE TO SUBSCRIBE TODAY!

 

 

Go Ahead...Share!
  • email
  • Print
  • LinkedIn
  • Twitter
  • Facebook
  • Google Bookmarks
  • RSS
  • Add to favorites
Industry News, Miami-Dade County Office, NA, Office
No Responses to “Moishe Mana Pays $300 PSF For Downtown Miami Office Property”

Leave a Reply