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Posted on: Oct. 4, 2017, 1:11 p.m.
An Israeli investment firm just paid $10.9 million for an office building near Miami International Airport, according to a release. Netz U.S.A. LLC bought the 82,763-square-foot building from Montreal, Canada-based entity TMSA Altis 5040 LLC. The nine-story building, 50Forty on 7th, at 5040 Northwest 7th Street, traded for about $132 per square foot. Records show the seller bought the property out of foreclosure in 2013 for $5.7 million from First Citizen’s Bank. Since then, the ... [more] Full investment news article