PortMiami plans to spend a grant from the Trump administration to create a $57 million fumigation facility designed to end a detour that tons of produce currently take on their way from Latin America to Miami grocery stores.
Easton & Associates represented an international food distribution company relocate its South Florida operation from Miami to Doral. American Fine Food Corporation signed a lease for 147,581 square feet of distribution/office space located at 9835 NW 14th Street. Dalton Easton represented the tenant. Devin White of CBRE represented the landlord.
A Home Depot distribution facility that will total over 1 million square feet has broken ground in Hialeah. CCP Central South LLC, an affiliate of Miami-based Florida East Coast Industries (FECI), obtained a $98.7 million construction loan from Wells Fargo Bank for the project at 4210 and 4040 W. 108th St. It’s not far from the U.S.
CBRE Senior Associate Ana Rivera negotiated a sale on behalf of Cherokee Enterprises, Inc. (CEI), the seller, of a one-acre industrial site located at 10592 NW 134th Street in Hialeah Gardens, a submarket approximately 10 miles north of Miami International Airport. Dade Contracting purchased the site for $1,100,000, a 20 percent increase over the original investment. The deal closed January 13.
Fordome Investment Group, a real estate investment firm led by Kristopher Rodriguez, sold the 2.2-acre site at 9800 N.W. 87th Ave. for $3.3 million to GPT NW 87th Avenue Owner LLC, part of the industrial arm of Blackstone. It was used for automobile storage.
