The portfolio consists of seven fully leased industrial properties totalling 787,728 square feet. The assets are strategically located in highly sought-after industrial submarkets with proximity to Miami International Airport and Port Miami.
The spec warehouse project located in Transal Park is 75% complete and scheduled for delivery by the end of 2023. The 32′ clear, rear-loaded building features 32 dock doors, 110 auto parks and provides immediate access to Miami International Airport.
Anticipating an upward trajectory in demand for distribution and storage space, Seagis Property Group plans to invest in more industrial assets in South Florida, a company executive told the Business Journal. “The acquisitions will come as stresses on the supply chain and the growth of e-commerce companies continue to escalate rates to lease industrial real estate
Digiacomo Group’s Roger Zuniga and Stephen J. DiGiacomo, SIOR, negotiated the sale of an industrial warehouse totaling 80,000 square feet located at 3075 NW 107th Avenue in Doral. Buyer Seagis Property Group purchased the warehouse from AllPlus Computer Systems Corp for $15,600,000. The price equates to $195.00 per square foot.
Seagis Property Group announced today that it has acquired a 53,000 square foot distribution facility located at 10005 NW 58th Street in Doral. The two-unit warehouse was purchased through a 50% sale-leaseback. There is currently a 26,500 SF vacancy available for immediate occupancy. The acquisition increases the Company’s South Florida portfolio to 110 buildings and over 5.6 million square