Centrum Doral Owner LLC, an affiliate of Miami-based Banyan Street Capital, will go before the City Council, seeking to amend the master development plan for the Doral Gateway site.
Terreno announced that it has completed the development and stabilization of Countyline Corporate Park Phase IV Building 39 that is 100% leased to one tenant. At expected completion in 2027, Countyline Phase IV is expected to contain ten LEED-certified industrial distribution buildings totaling approximately 2.2 million square feet.
The 7.3% year-over-year increase is good news for landlords that have been coping with a supply surge, but the overall industrial market is still down from its record highs in 2022.
The sprawling cow pasture — situated on the corner of NW 107th Avenue and NW 41st Street — has long been a familiar landmark for Miami locals. However, the 175-acre green space will soon make way for Bridge Point Doral, which is set to comprise more than 2.6 million square feet.