The assembly – consisting of three parcels located at 1120, 1130 and 1136 SW 3rd Avenue in Miami – were purchased for a total acquisition price of $8,500,000.
Ryan Holtzman, Eddie Quinon, Brian Gale, and Andrew Trench represented landlord while Tony Jones represented tenant in the transaction.
The new location is set to open later this year.
The free-standing warehouse is currently occupied by Nefco, an industrial equipment supplier.
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The property offers spaces from 25,000 square feet to the entire building for lease.
The 17,500-square-foot site will be developed into a high-end boutique condominium.
Bob Schneiderman, Managing Principal (previously the Executive Managing Director of Colliers), will head up the office and plans to hire additional advisors and team members to expand the office.
Sentry Data Systems will relocate its employees from its current office at 800 Fairway,
Hyatt, along with George Moraitis, represented Lighthouse of Broward, the preeminent nonprofit in Broward County serving the blind and visually impaired, in the pro bono transaction.