The three-property site includes a 6,454-square-foot building – with a mix of warehouse and office space – and a fully fenced, paved storage yard featuring three storage sheds and an additional covered mechanic area.
The seller paid $45 million for the 37.4-acre site in 2004.
Daniel P. Cook, Owner and President of Cook Commercial Realty, Inc., exclusively represented the buyer, PSTS Holdings Corp, in the purchase.
Wayne Ramoski of Cushman & Wakefield and Kemp Conrad of Cushman & Wakefield | Commercial Advisors represented the seller in the transaction.
CBRE’s Larry Genet, Tom O’Loughlin, Noah Ohayon and Zack Krawiec negotiated the sale.
The landmark business park totals approximately 3.6 million square feet and is home to more than 350 companies.
The park was fully leased at the time of sale to 46 tenants.
Built in 1983, Doral Industrial sits on just over 4.5 acres.
C&W’s Wayne Ramoski and Skylar Stein will oversee leasing efforts.
The sellers bought the two properties in 1996.