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.
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.
CBRE Senior Vice President Larry Genet, Executive Vice President Tom O’Loughlin , Executive Vice President Jose Lobón, Vice Chairman Christian Lee and Senior Associate Jake Zebede represented Brookfield Asset Management in the purchase of Bristol Logistics Center, a 145,260-square-foot distribution facility located at 1900 NW 92nd Ave within Fingerlakes Industrial Park in Miami. The property sold for $26,300,000. No other brokers were involved in the transaction.