Coastline Management Pays $3.8M for Office Depot Bldg.
Echion USA Sells Retail Property in Miami Gardens
October 26, 2009
Commercial investment firm Coastline Management Group Inc. purchased the Office Depot at 19400 - 19410 N.W. 27th Ave. in Miami Gardens, FL, from developer Echion USA for $3.83 million, or about $185 per square foot.
The 20,810-square-foot retail building delivered in 2008 in the Hialeah Gardens submarket, across from Super Wal Mart. Office Depot has 13 years left on its lease.
Thomas Brymer from Thomas Brymer II P.A. represented the seller.
Please see CoStar COMPS #1799574 for more information on this transaction.