Digiacomo Group, Inc. Represents Seller In $25.75 Million Sale-Leaseback Transaction In Doral/West Airport Market
February 24, 2025
Digiacomo Group successfully represented the seller, Sun Belle, LLC, in the $25,750,000 sale-leaseback of 2323 NW 72 Ave, a premier industrial facility located in the highly sought-after Doral/West Airport Market.
The 82,261-square-foot coolered facility, situated on a 3.34-acre lot east of Milam Dairy Road, was acquired by Iconic Equities, LLC, a Miami-based real estate investment firm specializing in Industrial Outdoor Storage (IOS) and industrial development.
The transaction, which closed February 13, underscores the continued demand for industrial investment properties in South Florida’s competitive real estate market.
“We are still seeing a strong demand for industrial investment properties located in the South Florida Industrial Real Estate market,” said Roger Zuñiga, Industrial Specialist with DiGiacomo Group, Inc.
The 1978-built industrial asset features 30’5” clear ceiling height, 11 dock-high doors and 1 grade-level door.
The buyer, Iconic Equities, LLC, a Miami-based real estate investment firm specializing in Industrial Outdoor Storage (IOS), and industrial development, is led by Founder and CEO Tim Bishop and continues to expand its footprint in the South Florida industrial sector.