Marcus & Millichap Brokers $14 Million Sale Of Two El Car Washes
Jonathan De La Rosa and Eduardo Toledo, investment specialists in Marcus & Millichap’s Miami office, represented El Car Wash and procured the buyer, a personal trust.
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Jonathan De La Rosa and Eduardo Toledo, investment specialists in Marcus & Millichap’s Miami office, represented El Car Wash and procured the buyer, a personal trust.
Jake Zebede and Kevin Gonzalez of Trustone Advisors, played a pivotal role in the deal.
Proposed changes are under consideration that would smooth out ambiguities in the law that have been used to push back on proposals as well as tighten rules around project heights and the types of sites that qualify under its provisions.
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Will Falero, President with Pro Industrial LLC, represented both the buyer and seller in the transaction, which closed January 10.
Kirk Nelson, Robert Smith, and Jeff Kelly with CBRE represented the tenant in lease negotiations.
The City intends to optimize existing City owned parcels and replace aging structures by developing a mix of residential, commercial, and retail space.
The property makes up the office component of a newly delivered mixed-use project with more than 150,000 square feet of high-end retail space located at the main intersection of Miami’s rapidly transforming City of Doral.
Over the past decade, he has built his career as a market-leading brokerage professional specializing in industrial landlord and tenant representation and has completed industrial sale and lease transactions valued at more than $2 billion.
The firm now occupies more than 10,000 square feet.
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