178K SF Cold Storage Warehouse In Miami Changes Hands

JLL Capital Markets announced the sale of a 178,428-square-foot cold storage facility located at 7600 NW 82nd Place in Miami.

JLL represented the seller, QF MIAMI FL LANDLORD LLC, in the sale to BGO.

Situated on 15 acres, the facility offers a 30-foot clear height, 29 loading docks, 236 parking spaces and 116,000 square feet of freezer space. The property is fully leased to Quirch Foods, an international food distribution company and one of America’s Largest Private Companies (#132 Forbes).

The facility offers seamless access to Florida’s Turnpike, US-27 and State Road 826 (the Palmetto Expressway) and is located near the Miami International Airport and the Port of Miami.

The JLL Investment Sales and Advisory team was led by Managing Director Luis Castillo, Senior Director Cody Brais and Associate Taylor Osborne.

“With an aging supply, high entry barriers and increased space requirements, the cold storage sector is experiencing remarkable growth,” said Castillo. “The specialized nature and high costs of developing state-of-the-art cold storage make existing facilities like this one highly sought after, resulting in a competitive, landlord-friendly market.”