For Immediate Release
NAI Miami Negotiates Purchase of Retail Unit in Key Biscayne,
Florida for $929 per square foot
MIAMI, FLORIDA – NAI Miami, a member of the world’s premier managed network of commercial real estate firms, announced today the team of Jeremy Larkin, Edward Schmidt, CCIM and Robert Eckstein recently negotiated the purchase of a 1,044 square feet retail condominium unit located at The Square at Key Biscayne, 260 Crandon Boulevard, Key Biscayne, Florida, for their client, Four Stooges, LLP. The seller is Sunshine Marketing and Management Corp.
The purchase was the completion of a 1031 exchange. The unit was purchased for $970,000.00 and is leased under a long-term lease to Prestige Salon.
About NAI Miami
NAI Miami is a commercial real estate organization with the passion, dedication and expertise to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble responsive structure enabling us to efficiently deliver superior result. To learn more, visit www.naimiami.com.
About NAI Global
NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing over 425 million square feet of property. Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.
NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.