The Real Deal Miami

Wells Fargo sells retail showroom in Doral

May 03, 2012 03:45PM

1470 NW 107th Avenue

1470 NW 107th Avenue

RY Investment Group has purchased a retail showroom at 1470 NW 107th Avenue in Miami, according to Berger Commercial Realty broker Keith Graves. The 8,539-square-foot showroom sold for $1.1 million. “This was a great investment opportunity in the retail sector,” Graves said. “Deals like this one are helping South Florida’s commercial real estate market to rebound.” The building was being managed by Berger Special Assets, the receivership division of Berger Commercial Realty. — Alexander Britell