{"id":1626,"date":"2019-03-15T11:30:42","date_gmt":"2019-03-15T15:30:42","guid":{"rendered":"https:\/\/www.meyer.media\/?p=1626"},"modified":"2019-03-15T08:44:01","modified_gmt":"2019-03-15T12:44:01","slug":"cushman-wakefield-negotiates-8-55m-sale-of-miami-25-mic","status":"publish","type":"post","link":"https:\/\/www.meyer.media\/2019\/03\/15\/cushman-wakefield-negotiates-8-55m-sale-of-miami-25-mic\/","title":{"rendered":"Cushman & Wakefield Negotiates $8.55M Sale of Miami 25 @ MIC"},"content":{"rendered":"
\"Miami<\/a>
Miami 25 @ MIC<\/figcaption><\/figure>\n

The Cushman & Wakefield Team of Miguel Alcivar, Wayne Ramoski, Dominic Montazemi, Scott O\u2019Donnell and Gian Rodriguez Represented DFJ East Properties LLC in the Disposition of the Small-Bay Flex Industrial Asset<\/em><\/strong><\/p>\n

MIAMI, March 15, 2019<\/strong> \u2014 Cushman & Wakefield<\/a> has negotiated the sale of Miami 25 @ MIC (Miami Intermodal Center), a 77,820-square-foot small-bay flex industrial property.<\/p>\n

The Cushman & Wakefield team of Miguel Alcivar<\/a>, Wayne Ramoski<\/a>, Scott O’Donnell<\/a>, Dominic Montazemi<\/a> and Gian Rodriguez<\/a> represented Miami-based DFJ East Properties LLC in the sale. MIA at 25th Street LLC acquired the asset for $8.55 million ($110 per square foot).<\/p>\n

Miami 25 @ MIC is situated on a \u00b13.44 acre site at 3901 – 3977 NW 25th Street<\/a> and 3900 – 3960 NW 26th Street<\/a> in Miami. The property is strategically located across NW 25th Street from Miami Intermodal Center (MIC)<\/a> and just east of Miami International Airport (MIA). MIC is a massive $2 billion multi-modal ground transportation hub developed by the State of Florida\u00a0Department of Transportation. MIC encompasses Miami Central Station (MCS)<\/a>, a state-of-the-art facility connecting Tri-Rail<\/a>, Metrorail<\/a>, MIA Mover<\/a>, Greyhound and local bus lines, and the Rental Car Center (RCC)<\/a>.<\/p>\n

Miami 25 @ MIC was 92.3% leased at the time of sale. Notable tenants include Fastenal, Doral Services and Planetcare.<\/p>\n

\u201cMiami 25 @ MIC is exceptionally well positioned at the hub of Miami\u2019s public transit system and represented a tremendous opportunity for an investor to acquire a cash-flowing asset with future upside,\u201d said Alcivar.<\/p>\n

About Cushman & Wakefield<\/strong><\/p>\n

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit\u00a0www.cushmanwakefield.com<\/a> or follow @CushWake<\/a> on Twitter.<\/p>\n

Media Assets<\/strong><\/p>\n

Miami 25 @ MIC Photo<\/a>
\nMiguel Alcivar Headshot<\/a>
\nWayne Ramoski Headshot<\/a>
\nScott O\u2019Donnell Headshot<\/a>
\nDominic Montazemi Headshot<\/a>
\nGian Rodriguez Headshot<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

The Cushman & Wakefield team of Miguel Alcivar, Wayne Ramoski, Scott O\u2019Donnell, Dominic Montazemi and Gian Rodriguez negotiated the $8.55 million sale of Miami 25 @ MIC, a 77,820-square-foot small-bay flex industrial property adjacent to Miami Intermodal Center.<\/p>\n","protected":false},"author":1,"featured_media":1623,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"jetpack_post_was_ever_published":false,"_jetpack_newsletter_access":"","_jetpack_dont_email_post_to_subs":false,"_jetpack_newsletter_tier_id":0,"_jetpack_memberships_contains_paywalled_content":false,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[5],"tags":[2294,2293,49,4,2291,700,87,224,29,764,123,2298,410,2292,2299,10,2290,2297,2295,642,2296,86,2301,2300,35,88,125,368,1622,131],"class_list":["post-1626","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-pr","tag-3900-3960-nw-26th-street","tag-3901-3977-nw-25th-street","tag-commercial-real-estate","tag-cushman-wakefield","tag-dfj-east-properties-llc","tag-disposition","tag-dominic-montazemi","tag-flex","tag-florida","tag-gian-rodriguez","tag-industrial","tag-mcs","tag-metrorail","tag-mia-at-25th-street-llc","tag-mia-mover","tag-miami","tag-miami-25-mic","tag-miami-central-station","tag-miami-intermodal-center","tag-miami-dade-county","tag-mic","tag-miguel-alcivar","tag-rcc","tag-rental-car-center","tag-sale","tag-scott-odonnell","tag-small-bay","tag-south-florida","tag-tri-rail","tag-wayne-ramoski"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/www.meyer.media\/wp-content\/uploads\/2019\/03\/miami-25-at-mic-aerial.jpg?fit=3000%2C2500&ssl=1","jetpack_sharing_enabled":true,"jetpack_shortlink":"https:\/\/wp.me\/p79IL5-qe","_links":{"self":[{"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/posts\/1626","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/comments?post=1626"}],"version-history":[{"count":1,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/posts\/1626\/revisions"}],"predecessor-version":[{"id":1627,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/posts\/1626\/revisions\/1627"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/media\/1623"}],"wp:attachment":[{"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/media?parent=1626"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/categories?post=1626"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.meyer.media\/wp-json\/wp\/v2\/tags?post=1626"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}