Katz & Associates’ Michael Betancourt represented DDBW Properties to sell an industrial warehouse in the Allapattah neighborhood of Miami, Florida. Keller Williams International Lifestyles’ Belen Salvador represented buyer Innovative Surfaces. The property is a 4,000 square foot warehouse with a 2,000 square foot mezzanine located at 2845 NW 35th Street. It sold for $900,000.
“This is a great time for the seller as the industrial market is on fire with rising sales prices and limited supply, said Michael Betancourt of Katz & Associates. “Allapattah is seeing a lot of action right now as developers are buying properties and transforming the area. I was excited to work with DDBW Properties on this sell, which is one of the highest price per square feet in Allapattah in the past year.”
Katz & Associates began operations in January of 1996. The company currently maintains offices in New York City, Charlotte, Boca Raton, Nashville, New Jersey and Orlando. Katz & Associates’ primary focus is assisting retailers, restaurants and landlords in all capacities including strategic planning, market analysis, lease and sale negotiations and dispositions. Our team of seasoned veterans has decades of experience and invaluable market knowledge.