Press Release brought to you by NAI Miami

NAI Miami Negotiates $13,500,000 Purchase on Behalf of the The Cushman School

01/25/2018

NAI MIAMI

PRESS RELEASE

For Immediate Release

Contact:  Edward Schmidt, CCIM          

               305-938-4000 

               eschmidt@naimaimi.com    

NAI Miami Negotiates $13,500,000 Purchase on Behalf of the The Cushman School

MIAMI, FLORIDA – NAI Miami, a member of the world’s premier managed network of commercial real estate firms, announced today the team of Edward Schmidt, CCIM, Taraneh Dugas and Timothy Merriman Jr. negotiated the sale of an office building located at 4700 Biscayne Boulevard in Miami, Florida. The seller was MGB Biscayne Boulevard Corp and the buyer is The Cushman School, Inc.  The sale price was $13,500,000 or $356 per square foot.

This five-story property will become the new High School for the Cushman School.  Founded in 1924, the Cushman School expanded in 2017 from Pre-K to 8th Grade by adding a high school that opened fall of 2017.    

About NAI Miami

NAI Miami is a commercial real estate organization with the passion, dedication and expertise to realize maximum potential and generate creative solutions for our clients worldwide. Our collaborative services platform provides an expansive, yet nimble responsive structure enabling us to efficiently deliver superior results. To learn more, visit www.naimiami.com.

About NAI Global

NAI Global is a leading global commercial real estate brokerage firm. NAI Global offices are leaders in their local markets and work in unison to provide clients with exceptional solutions to their commercial real estate needs. NAI Global has more than 400 offices strategically located throughout North America, Latin America, Europe, Africa and Asia Pacific, with over 7,000 local market professionals, managing over 425 million square feet of property.  Annually, NAI Global completes in excess of $20 billion in commercial real estate transactions throughout the world.

NAI Global provides a complete range of corporate and institutional real estate services, including brokerage and leasing, property and facilities management, real estate investment and capital market services, due diligence, global supply chain and logistics consulting and related advisory services.  To learn more, visit www.naiglobal.com or www.naiglobalnewslink.com.

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NAI Miami

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