Building on the success of Downtown Doral’s shops and restaurants, the community is adding 25,000 square feet of retail offerings along 87th avenue and 929 parking spaces in the garages serving the retail. The wing UHealth is leasing is part of this retail expansion, which is scheduled to break ground in Q1 2025, with an estimated completion in Q1 2026.
Completed in 2022, the 157,214-square-foot warehouse property is located within Beacon Lakes, a 640-acre industrial park also developed by Codina Partners. Prologis plans to redevelop the warehouse into a logistics facility.
This warehouse is the fifth building in Beacon Logistics Park that Southeast Commercial has purchased from Codina Partners. In December, it purchased four warehouses from the company,
In clearing approximately 25 acres, Codina Partners will use the former Koger Center site to introduce new residential offerings, including a potential private, gated single-family community, plus a multifamily development.
The buyer of all three deeds was Southeast Commercial LLC, an affiliate of Salt Lake City-based Property Reserve. Industrial rent has surged in Miami-Dade County in recent years, so new warehouses have often sold for a premium.