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Real Estate

Moishe Mana pays $604 psf for downtown Miami property

Sale brings Mana’s spending spree in downtown to $110 million+ in 2015

Metro-beauty-building-and-Moishe-Mana

 

Moishe Mana has added another downtown Miami building to his redevelopment portfolio, The Real Deal has learned. Mana paid $6.83 million, or $604 per square foot, for the 11, 300-square-foot lot on the corner of Southeast First Street and South Miami Avenue, Ryan Shaw, vice president of investments in Marcus & Millichap’s Miami office, told TRD. S

Shaw was the listing agent. Mika Mattingly of Sterling Equity Commercial represented Mana’s Jersey Art Holdings in the sale of 4 Southeast First Street and the adjacent 113 South Miami Avenue.

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Read the full story, click here

The Real Deal South Florida,  By Katherine Kallergis

 

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