Tag Archive for: coral vutec properties

10349421 - hand of businessman holding dollars

A company managed by Jon Samuel, the developer of Midtown Miami, paid $15.7 million for a warehouse in Coral Springs.

Coral Vutec Properties LLC, managed by Daniel Sinkoff, sold the 105,183-square-foot warehouse at 11711 W. Sample Road to MGX I LLC, managed by Samuel of Miami-based Midtown Group. The buyer was represented by Josh Wade of Delray Beach-based Flagship Retail Advisors.

The price equated to $149 per square foot. The warehouse last traded for $5.25 million in 2009, so it gained in value. One of the largest tenants is Access Fabricators Corp., which is also managed by Sinkoff.

 

 

Click here to read more about this story.