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MARCUS & MILLICHAP ARRANGES $13M SALE OF 21/22 CENTER IN MIAMI

MIAMI — Marcus & Millichap has arranged the $13 million sale of the 21/22 Center, an eight-story, 74,461-square-foot office and retail property in Miami. The asset is located on the corner of Southwest 21st Avenue and Coral Way at 2103 Coral Way. The property includes 18,356 square feet of ground-floor retail space and 56,105 square feet of office space. Douglas Mandel and Benjamin Silver of Marcus & Millichap’s Fort Lauderdale office represented both the buyer and the seller in the transaction. The property has received approximately $2 million in capital improvements in the last two years.

Content Partners
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‣ Bohler
‣ Lee & Associates
‣ Lument
‣ NAI Global
‣ Northmarq
‣ Pavlov Media
‣ Walker & Dunlop

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