An affiliate of New York-based Woodhill acquired six warehouses spanning nearly 159,000 square feet at 215-325 West 75th Place and at 7550-7620 West 2nd Court. The deal breaks down to $164 per square foot.
The decision marks the latest chapter in the controversial proposal for the 5.9 million-square-foot South Dade Logistics and Technology District on the southeast corner of the Florida Turnpike and Southwest 122nd Avenue in an unincorporated area of southeast Miami-Dade.
The Class A warehouse in Medley is situated near major highways with easy access to Miami International Airport and Port of Miami, the region’s busiest import-export centers.
The property’s advantageous location allows for easy access to Miami International Airport (MIA) and the nearby MIA Cargo HUB, one of the largest cargo airports in the U.S.A., which aligns perfectly with GSO Aviation’s logistical and operational needs.
The firm’s recent acquisitions, including the mixed-use building in Doral, demonstrate a keen eye for strategic investments that promise high returns. As the South Florida industrial market continues to flourish, EQT Exeter is well-positioned to capitalize on emerging opportunities.