Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, sold an industrial property located in Doral on August 30, 2019 for a sale price of approximately $14.0 million.
Miami-Dade continues to be propelled by persistent economic growth, bustling port activity, positive investor sentiment and strong leasing, creating a perfect recipe for industrial demand.
Blackstone bought a huge industrial portfolio next to Miami International Airport for $56 million. The private equity giant bought the three warehouses totaling 367,848 square feet at 3208 Northwest 72nd Avenue and 3108 Northwest 72nd Avenue for $152 per square foot, records show. Airport Trade Center, which lists Haim Yehezkel as one of its principals,
The sale of Centergate at Gratigny in Hialeah is another example of the robust South Florida industrial market with 37.8 million sq. ft. of net absorption over the last five years. CLICK ON THE HEADLINE FOR MORE
