State Street Realty has participated in the sale of a 30,000 square foot commercial property in the exclusive Ocean Reef Club in Key Largo.
The transaction is valued at $14.7 million, one of the largest commercial real estate transactions in Ocean Reef Club.
The buyer was 31 Ocean Reef LLC and the seller was O Reef Plaza, LLC.
State Street Realty President George Pino, SIOR, RPA represented the Seller in this transaction.
Pino stated, “It is an honor and a privilege to be involved in a transaction at the elite Ocean Reef Club. This exceptional property is particularly unique with a significant amount of upside. This deal was very lengthy and complex but at the end it was a win / win transaction for all parties.”
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