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Wayne Ramoski, Gian Rodriguez, and Robert Kaplan of Cushman & Wakefield represented the seller, 3440 NW North River LLC, in the transaction. The industrial land site was acquired by Riverbanks LLC whose principal is Babba Joshua Yesharim. Mr. Yesharim is an active owner in Miami’s Riverside district and urban core.
“This industrial land site is a premier piece of commercial real estate that sits on the Miami River and has great potential for numerous marine, commercial, and industrial uses,” said Ramoski, Executive Managing Director at Cushman & Wakefield’s Miami office.
The 3440 NW North River Dr. industrial land site is near five major transportation and distribution nodes, the closest being Dolphin Expressway .7 miles away and the farthest being the Port of Miami 6.5 miles away. Apart from its location the industrial site has more than 200 feet of river frontage and approved zoning for industrial and heavy manufacturing use.