American Welding Building Sells

Marcus & Millichap has arranged the $4.6 million sale of the four-story, 46,338-square-foot American Welding Society building, located at 550 LeJeune Rd. in Miami, and an adjacent 8-unit apartment building.

Greg Zeifman and Benjamin Silver of Marcus & Millichap’s Miami office represented the seller, a Miami-based international nonprofit organization, in the transaction and procured the buyer, a Miami-based developer.

The office building was constructed in 1971, and was vacant at the time of the sale.