An industrial site along the Palmetto Expressway in Miami-Dade County was sold for $20 million and a neighboring parcel could be developed into a medical facility. DJD Real Estate Holdings, an affiliate of John Deere dealer Dobbs Equipment, sold the 5.6-acre site with a 28,000-square-foot warehouse at 4343 N.W. 77th Ave. to San Francisco-based Stockbridge.
Prologis, led by Hamid Moghadam, wants to expand its already massive Beacon Lakes business park in west Miami-Dade County. The San Francisco-based firm wants to build four warehouses on 55 acres at Beacon Lakes, according to an application submitted to Miami-Dade County late last month. In an emailed statement, Prologis said it wants to add more
A controversial megaproject planned outside Miami-Dade County’s Urban Development Boundary faces new opposition. In the latest move, a resident is asking the state to review commissioners’ recent approval of the UDB expansion. The vote allows for the 5.9 million-square-foot South Dade Logistics and Technology District industrial complex to be constructed in southeast Miami-Dade.
Doral Industrial, a 93,046-square-foot industrial building in Miami, traded for $18.1 million.
A 12-building industrial park in Medley sold for $241 million in one of the biggest warehouse deals of the year in South Florida. Gateway Southeast Properties, care of Chicago-based asset manager DWS, sold the 1.06 million square feet of warehouses at 9200 and 9201 N.W. 97th Ter., 9180 to 9311 N.W. 100th St., 9165 to