ROK COMPANY SELLS DOWNTOWN MIAMI BUILDINGS FOR $12M
SFBJ / April 7, 2014 06:00 AM
A company controlled by veteran developer Sergio Rok sold two commercial buildings in downtown Miami for $11.5 million.
Rok’s Byron Flagler sold the 60,398-square-foot building at 41 East Flagler Street and the 32,060-square-foot building at 62 N.E. First Street to Flag 41 LLC. The buyer is managed by Mariano Saal.
Saal is the head of TIR Prime Properties, a real estate brokerage in Miami.
Both buildings have retail on the ground floors and offices up top. The larger building is three stories while the smaller building is two stories.
This is the second deal between those parties.
In late 2012, Rok’s Flagler Station Mall sold the 113,742-square-foot building at 48 East Flagler Street to Saaol’s Flag 48 LLC for $7 million. That building is listed as the headquarters for Rok Enterprises and Rok Acquisitions, his two primary companies.