Tell Aaron What Happened 305-672-7495
Tell Aaron What Happened

Ask Aaron! Your Questions on Florida Business Law Answered

A North Miami Beach Restaurant Property Trades for $4.4 Million

Posted by Aaron R. Resnick | Jan 21, 2014 | 0 Comments

An Aventura investor purchased the Ale House building in North Miami Beach for $4.35 million.

Marcus & Millichap Real Estate Investment Services' Adam Tiktin and Michael Biama represented both the seller and buyer in the deal for the 8,999-square-foot property at 3227 N.E. 163rd St.

Interstate NMB Corp., a Boca Raton-based company managed by Michael Paul, sold it to Fae Holdings 417449R. The registered agent of the buyer is Mario Grosfeld in Aventura, but its managing member is First American Exchange Co. in Salt Lake City.

“North Miami Beach Ale House has been at the site for 14 years,” Tiktin said in a news release. “The triple-net lease has approximately 12 years remaining and provides two additional five-year options.”

The building was constructed in 1999.

The firm provides residential and commercial real estate services.

About the Author

Aaron R. Resnick
Aaron R. Resnick

Aaron Resnick, a graduate of Leadership Miami, is a leader in the Miami's legal and cultural arts...

Comments

There are no comments for this post. Be the first and Add your Comment below.

Leave a Comment

Areas we Serve in Florida

Miami Gardens | Aventura | Golden Beach | Sunny Isles Beach | North Miami Beach | North Miami | Bal Harbour | Bay Harbor Islands | Indian Creek | Surfside | Biscayne Park | Miami Shores | El Portal | North Bay Village | Opa-locka | Miami Lakes | Hialeah | Hialeah Gardens | Medley | Doral | Miami Springs | Virginia Gardens | Sweetwater | Miami | Miami Beach | Key Biscayne | West Miami | Coral Gables | South Miami | Pinecrest | Palmetto Bay | Cutler Bay | Homestead | Florida City

Menu