The site is approved for development of a 741,837-square-foot industrial park consisting of six buildings, with individual structures ranging in size from 62,924 to 150,549 square feet.
Ironwood Commerce Center, a self-contained industrial park in Miami totaling 505,436 square feet of warehouse space, was sold for an undisclosed amount. Top industrial facilities like this one continue to trade, proving that the Miami metro area is the best-performing industrial market in the country.
The four-building distribution business park was purchased by Ares Management from a joint venture partnership between Greystar and Butters Construction & Development.