DEAL STORY

The Alpha Commercial Advisors^TM is proud to announce the closing of 1851 N. Krome Avenue, a fully turn-key office compound in the heart of Homestead. Representing the seller in this on-market transaction, our team spearheaded by Molli Leoni leveraged highly-visual and use-specific marketing to attract an end-user buyer at $2,000,000—$5K above the latest asking price.

With an original list date in early 2024, just over a full calendar year before the eventual closing date, this transaction is the result of sheer perseverance in the face of enhancingly challenging market conditions for office building sales in tertiary markets in a tough lending environment. However, the closing is a positive sign for growing demand for quality owner-occupant assets in emerging submarkets of Miami.