Doral Warehouse Sells, More Than Doubles In Value
The sale price breaks down to approximately $309 per square foot.
The sale price breaks down to approximately $309 per square foot.
Ted Elam, Principal at Foundry Commercial, will serve as president for the distinguished real estate organization, known for its comprehensive industrial, office, and real estate finance reports.
Alex Zylberglait and Michael Crocchiola, investment specialists in Marcus & Millichap’s Miami office, exclusively marketed the property on behalf of the seller and procured the buyer.
The park offers 344,940 square feet of purpose-built industrial space engineered for the region’s booming distribution and logistics needs.
The portfolio consists of seven fully leased industrial properties totalling 787,728 square feet.
The company plans to develop a 15.2 MW state-of-the-art data center facility at the site, which is strategically located at the intersection of NW 6th Street and 137th Avenue. The new AI-ready, multi-tenant facility is designed to meet high-density computing demands and is scheduled to commence operations by the end of 2026.
The building features 24’ clear span heights, a 335’ building depth, 49 loading positions, and 95’ to 150’ truck court depths.
Wayne Ramoski, Ivanna Leitner Perez, and Skylar Stein of Cushman & Wakefield represented the landlord in the lease negotiations. Will Falero of Pro Industrial represented one tenant while Ken Morris and Sky Groden of JLL represented another.
The upcoming project will encompass 235,812 square feet of industrial space, boasting a 40-foot clear height, 46 dock doors, and designated parking for 203 vehicles and 76 trailers.
Colliers’ Erin Byers, Lauren Pace, Ruben Suarez, and Steven Wasserman will lead marketing efforts for the property.
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