Prologis Buys 28 Acres In West Miami-Dade For Industrial Development
The industrial-zoned property is located directly south of the Cemex concrete plant at 1200 N.W. 137th Ave.
The industrial-zoned property is located directly south of the Cemex concrete plant at 1200 N.W. 137th Ave.
Upon completion, the project will comprise up to 2.5 million square feet of logistics space spread over as many as 13 buildings.
Newmark’s Executive Managing Directors Steve Medwin and Nick Wigoda and Associate John Mejia represented the landlord, Panattoni Development, and the tenant in the transaction.
Located near the intersection of Florida’s Turnpike and U.S. 27, and close to Interstate 75, Midpoint Miami Logistics Park will provide next-generation industrial space in a market responding to intense demand spurred by the uptick in ecommerce during the COVID-19 pandemic.
Brookfield paid $216 per square foot for another distribution warehouse in Doral in June. CLICK ON THE HEADLINE FOR MORE
State Street’s Frank Trelles, SIOR represented the buyer in the transaction. CLICK ON THE HEADLINE FOR MORE
DiGiacomo’s Stephen J. DiGiacomo, Roger Zuniga and Patricia Marquez represented the seller in the transaction. CLICK ON THE HEADLINE FOR MORE
The deals include one sale and one lease transaction. CLICK ON THE HEADLINE FOR MORE
Investor Shane Neman, principal of Miami-based Neman Ventures, represented himself in the sale and CBRE Senior Vice President Larry Genet represented the buyer, Arkadia Group. CLICK ON THE HEADLINE FOR MORE
The spices and herbs manufacturer paid about $141 a square foot for the 313,000-square-foot building. CLICK ON THE HEADLINE FOR MORE
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