A joint venture between private equity giant Carlyle Group and developer Crow Holdings bought land west of Coral Gables, likely for industrial development.
An affiliate of Doral-based Easton Group and Irvine, California-based LBA Logistics obtained a $61.1 million construction loan to build a pair of warehouses in Hialeah. Principal Life Insurance Co. provided the mortgage to Hialeah Gardens Partner II Property Owner, an affiliate of Easton Group and LBA Logistics. It covers the 26.4-acre site at 4220 W.
Miami International Airport (MIA) is adopting a vertical approach to meeting air cargo capacity demand as it contends with limited space. The airport’s “Vertically Integrated Cargo Community” project envisions a five-story storage warehouse which is expected to more than double its current cargo capacity. Expected to break ground next year, the estimated five-year project will
In a sale-leaseback deal, Stockbridge Capital Group picked up a John Deere dealership in northwest Miami-Dade County. The purchase pumps up its South Florida industrial portfolio for the second time in a two-month span.
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