The family-owned company led by Ed Easton and based in Doral acquired the105,000-square-foot industrial property located at 9880 Northwest 25th Street. The buyer secured a $29.7 million loan from another Easton affiliate. This purchase is priced at $250 per square foot.
In concurrent transactions, a warehouse in Doral and a warehouse in Hialeah Gardens was acquired by a partnership between Doral-based and Easton Group and Boston-based TA Realty.
The property consists of three 36-foot clear height rear-load industrial distribution buildings containing approximately 495,000 square feet on 23.4 acres.