A logistics company with warehouse and distribution centers across the globe has closed on a leasing deal for an industrial building in Hialeah that has not yet been built. Erie, Pennsylvania-based Logistics Plus will occupy an entire 181,051-square-foot warehouse at 9535 N.W. 174th St. within Miami Midway Park. The 42-acre industrial project is now being
Terreno Realty Corp. intends to further expand at Countyline Corporate Park, a 620-acre master-planned industrial campus developed by Florida East Coast Industries in Hialeah. According to a Securities and Exchange Commission Filing from February 9, Terreno plans to pay $173.6 million for a 121-acre site within the Hialeah industrial park where a 2.2 million-square-foot campus is envisioned.
Saltbox has expanded its footprint with a new co-warehousing facility in Doral. The 31,000-square-foot space marks the company’s 11th location and its entrance in the Miami market, providing flexibility for small businesses in the community. The Saltbox facility is within a 423,022-square-foot building, constructed in 1992. This property is part of the Prologis Beacon Centre—a 205-acre
CBRE represented the buyer, HMR 8081, LLC, and the seller, 8083 LLC, in the the sale of a free-standing ±7,128-square-foot small bay warehouse located at 8081-8085 NW 66th Street in Miami, which closed January 17. HMR 8081, LLC purchased the asset for $1,900,000, equating to $267 per square foot.
A controversial industrial project planned for development outside Miami-Dade County’s urban development boundary may be in question once again. Florida’s Department of Economic Opportunity just sent a letter to the county saying Miami-Dade erred in how it handled the approval process, potentially requiring a re-vote with a new commission on the South Dade Logistics and