CBRE Arranges $28.5M Off-Market Sale Of 1.1-Acre Development Site
The property features a full block’s frontage on Biscayne Boulevard between 25th and 26th streets.
The property features a full block’s frontage on Biscayne Boulevard between 25th and 26th streets.
“Both of these properties are a classic value add where current rents are below market, purchase price way below replacement cost, short-term leases and some capital improvements to maximize the increase in value,” added Levitt. “It is very hard to find value add industrial properties in Florida and we are looking forward to rolling up our sleeves to make this a great long-term investment.”
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