Blackstone sold the Medley warehouse to Prologis for as part of a larger portfolio deal. Built on an 8.8-acre site in 2013, this is the first time the Pan American North Business Park has sold.
Local Deals Archives - Page 27 of 115 - Miami Airport Warehouses
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Developer Proposes 69-Acre Truck Hub In Miami-Dade
The developer behind the MIA Transport Hub application with the county seeks a comprehensive development master plan (CDMP) amendment changing the zoning from “open land” to “terminal” for the property on the north side of Southwest Eighth Street, just west of Southwest 137th Avenue.
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Cold Storage Facility Trades For $43M
The New York-based investment giant sold the 115,741-square-foot industrial building at 13801 Northwest 112th Avenue to Boxer US, a Miami-based entity incorporated in May. The deal breaks down to $374 per square foot.
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First Industrial, Butters Expand 2.5M-Square-Foot Business Park In $16M Deal
This additional land for in Medley will be utilized for the fifth phase of First Park Miami.
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Jun - 0
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South Florida’s Industrial Developers Bet On Long-Term Rent Growth
Rising development costs, whether from high land prices or increased construction costs, has led investors to shift away from evaluating sites based on historical lease prices and instead betting on the potential for rent growth that could be spurred by a lack of supply.