An affiliate of Doral-based Easton Group broke ground on a warehouse in Hialeah Gardens after obtaining a $24 million construction loan.
U.S. Bank provided the mortgage to Hialeah Gardens Partners, an affiliate of Easton Group, for the 16.8-acre site at the southeast corner of Northwest 144th Street and 109th Avenue. It’s just east of where Florida’s Turnpike meets U.S. 27/Okeechobee Road.
The project will total about 266,000 square feet of distribution warehouse with 36-foot clear height.
The developer bought 10.4 acres of the site for $8.2 million in 2020, and the smaller portion for $5.6 million in 2019.