Final Building In Golden Glades Office Park Trades For $5.1M

Jul 02, 2017 No Comments by

Ted Konigsberg of Infinity Commercial Real Estate represented the seller, BRI 1814 GGOP, an affiliate of Accesso Partners, in the $5,100,000 sale of 1525 NW 167th Street, a 4-story building located within the Golden Glades Office Park.

The buyer was Lubavitch Educational Center, Inc.

The sale closed June 28.

The 48,681-square-foot building was the last unsold portion of the 8-building office park. Konigsberg sold all of the other buildings to owner/users.

Konigsberg commented, “This was a perfect match between buyer and seller. The seller had a building with two vacant floors of prior built-out school space, and the buyer intends to use those floors for educational purposes. Cumulatively, we obtained about $21 millions in proceeds for the 4 transactions that culminated the sale of the entire office park. We are very, very glad to have worked with our client on this difficult project.”

 

 

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Industry News, Miami-Dade County Office, NA, Office
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