KEY WEST, FL—400 Duval St. has traded hands for $19.1 million.The 32,199-square-foot high street retail property is on the famedKey West, FL. strip.
HFF senior managing director DannyFinkle and director Luis Castillomarketed the property on behalf of the seller, a venture comprisedof a fund sub-advised by Long Wharf Real EstatePartners and JBK Capital LLC.Claude Gardner of Prudential Knight &Gardner Realty co-marketed the listing with HFF. A privateinvestor purchased the property.
“We continue to see tremendous interest from investors forhigh-street retail opportunities and 400 Duval was no exception,”Castillo tells GlobeSt.com. “These markets enjoy the highestbarriers to entry and well- positioned retail performsexceptionally well.”
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