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Leased: Varsol by Akashi in Coconut Grove
Leased: 2nd generation restaurant located on the main artery of Coconut Grove. The 1,000 SF space at 3423 Main Hwy also includes a 1,000 SF outdoor seating area. Fabio Faerman, CCIM and Sebastian Faerman of FA Commercial represented both sides in the transaction. The new tenant, Varsol by Akashi, signed a 10-year lease agreement. Varsol…
Read MoreJust Sold: $5M Pinecrest Townhouse Development Site
Fabio Faerman, CCIM and Sebastian Faerman of FA Commercial just sold an 88,426 SF development site in Pinecrest, Florida. The land was sold for $5,200,000. FA Commercial represented both sides in the transaction. The Villas at Pinecrest is a multifamily project that will feature 18 luxurious townhouses. The project has an average gross unit size…
Read MoreJust Leased: NNN Ghost Kitchen in Metropolis Dadeland
Just Leased: 2nd generation restaurant on the ground floor of the Metropolis Dadeland condominium tower. The 1,640 SF ghost kitchen at 9059 SW 73rd Ct. includes a working walk-in cooler, exhaust with vent and 2 restrooms ready with the space. Fabio Faerman, CCIM and Sebastian Faerman of FA Commercial represented the landlord in the transaction. The…
Read MoreSold for $4.65M – Triple-net CVS Pharmacy
Fabio Faerman and Sebastian Faerman of FA Commercial just sold a triple-net (NNN) CVS Pharmacy in South Florida. The 13,038 square foot general retail building was sold for $4,650,000. The Faerman’s represented the buyer in the cash transaction. Investment Highlights The tenant, CVS Pharmacy, has a history of impressive sales at this location with a NOI of $233,895…
Read MoreSold for $1.03M – 3 Offices Closed in Record Time, Pandemic Doesn’t Stop the Home Office Outlook
For Immediate Release 5/12/2020 Fabio Faerman and Eduardo Citcioglu of FA Commercial have sold 3 offices located on 2350 Coral Way. Units 201, 301, and 302 were sold with an average sale price per SF of $275. Fabio and Eduardo represented the Seller in the first deal, and both Buyer and Seller in the two…
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