East Capital Partners Acquires Miami’s Airport Trade Center - Miami Airport Warehouses

JLL Capital Markets completed the sale of Airport Trade Center, a 371,976-square-foot light industrial portfolio in Miami.

JLL represented the seller to complete the sale to East Capital Partners. Working on behalf of the new owner, JLL also secured acquisition financing.

The portfolio is situated on a 13.8-acre site and consists of three, highly functional cross-dock buildings. Airport Trade Center enjoys a strategic location adjacent to the region’s largest economic engine, Miami International Airport, and is centrally situated within Miami-Dade County. As a result, it offers exceptional connectivity to South Florida’s densest population nodes and key logistical infrastructure, including the region’s major highways, airports and ports.

The JLL Capital Markets Investment Sales and Advisory team was led by Luis Castillo, Cody Brais and Taylor Osborne. Additionally, Melissa Rose and Jovi Rodriguez spearheaded JLL’s Debt Advisory team.

“The supply-demand fundamentals for Miami have been phenomenal and the projections for rent growth in this high-alpha industrial market remain robust,” said Castillo. “We remain bullish on the long-term prospects for this market.”