In a strategy to expand into the Southeast Florida market, Florida Freezer has signed on for 84,993 square feet at the Southeast Frozen Foods bulding located at 18770 NE 6 Avenue in Miami.
The 1,200-acre square of unincorporated industrial land that’s home to Telemundo and Goya Foods offers more than $1 million in potential tax revenue a year for the two Miami-Dade cities near it, and Sweetwater and Doral both want to annex the area. On Tuesday, July 20th, county commissioners voted to take Doral out of the contest.
Terreno Realty Corporation, an acquirer, owner and operator of industrial real estate in six major coastal U.S. markets, acquired an industrial property in Hialeah on July 14 for a purchase price of approximately $39.4 million, net of free-rent credits. The property consists of one recently developed rear-load 32-foot clear industrial distribution building containing approximately 221,000
Berkadia has arranged $14.1 million in acquisition financing on behalf of Foundry Commercial for the acquisition of America’s International Center, a 147,000-square-foot industrial park in Doral.