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
Codina Partners and USAA Real Estate broke ground on Building F in Beacon Logistics Park, a Class A industrial park, in the northwest area of Miami-Dade County.
With more U.S. consumers ordering groceries online and the demand for fresh and healthy goods increasing, cold storage warehouse environments are expected to experience a surge of growth with an anticipated additional 100M SF nationwide over the next five years. CLICK ON THE HEADLINE FOR MORE