Kroger Opens 60,000 SF Last-Mile Distribution Facility In South Florida
Kroger expects to employ 90 associates at the new facility.
Kroger expects to employ 90 associates at the new facility.
Members of the Miami team include Senior Vice President Carlyle Coffin; Vice President of Acquisitions Mike Lisch; Head of Strategy and Analytics Jason Warren; and Business Operations Manager Teresa Sanzone.
CBRE’s Larry Genet, Tom O’Loughlin, and Zack Krawiec negotiated the sale.
He has consistently been one of the nation’s top producers, receiving several industry achievements, including being named top producer for industrial capital markets in 2021.
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.
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