Waste Connections acquired the 12-acre industrial outdoor storage property from CenterPoint Properties, gaining a strategically located facility with 370 truck parking spaces near Interstate 95 and Florida’s Turnpike.
Nick Hassan, Jonathan De La Rosa and Eduardo Toledo of Marcus & Millichap exclusively marketed the property on behalf of the seller.
The property was acquired by Miami-based structural shell contractor Tekton Construction Corporation.
Longpoint was represented by Jose Sasson-Lerner and Roberto Susi of Axiom Capital Advisors. Ralph Merritt of Commercial Property Group represented the seller in the off-market transaction.
“This is truly a full-circle moment for me,” said Rodriguez. “To think I was part of the original industrial team that helped with the land assemblage, marketing, and leasing of Kurv’s first Miami-Dade assets more than a decade ago, to now leading the firm’s Miami market, I feel like I’ve come home.”
The transaction was led by NAI Miami’s Robert Eckstein and Craig Merlin, who represented the landlord.
The deals will keep two buildings fully occupied while extending tenant commitments into 2035.
The warehouse project was built in 2022 for a joint venture between Orlando-based Cadence Development Partners and New York-based Clarion Partners.
Stream Managing Directors & Executive Vice Presidents Steve Medwin and Nick Wigoda represented both the landlord and the tenant in the transaction.
Transwestern’s Carlos Gaviria and Walter Byrd represented the owner, Link Logistics, in the transactions, which range from 27,086 to 61,724 square feet.