The Easton Group arranged the sale of a 21,890-square-foot warehouse/distribution facility in Doral just off 107th Avenue, north of the Florida Turnpike.
Andrew Easton and Michael Foxwell of Easton represented the seller, PL Developments, a manufacturer and distributor of over-the-counter (OTC) pharmaceuticals and consumer healthcare goods. Vivian Gonzalez of Cushman & Wakefield represented the buyer, Florida Baby Food, which paid $6.895 million for the property. PL Developments relocated to a larger facility in Miami-Dade.
Located at 10655 NW 29th Terrace within the Westport Corporate Park, the climate-controlled industrial facility was built in 1996 and features 24-foot clear height, three dock-height doors, and one ramp door.
“We continue to see robust demand for well-located industrial facilities in Miami-Dade County,” Easton said. “We were able to get a very good price for this property as the supply of product remains tight.”