Longpoint Pays $32 Million For Doral Warehouse Complex In Off-Market Deal

Longpoint’s purchase represents a value-add investment opportunity, as the firm looks to strengthen its foothold in Miami-Dade’s competitive industrial market.

JLL Facilitates Sale Of 6.63-Acre Industrial Development Site In Miami-Dade County

The strategically located site sits adjacent to Miami Executive Airport, just three miles from the Florida Turnpike in the heart of Miami-Dade County’s thriving industrial corridor.

Terreno Announces 100% Occupancy At Countyline Corporate Park’s Building 32

A previously announced ten-year lease for 82,000 square feet with an aircraft engine maintenance, repair and overhaul provider has been expanded to 92,000 square feet, and a new tenant has signed a lease for 72,000 square feet.

Lee & Associates South Florida Principal C. Todd Everett, SIOR Brokers Industrial Property Sale In Port St. Lucie

“This was a quick listing and closing cycle, which demonstrates the strong demand for this type of high-barrier-to-entry product,” said Everett. “We were able to generate significant buyer interest and close the deal in two months, which reflects the continued strength of the South Florida industrial market.”

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CRE-sources’ Top 5 Most Popular Stories This Week

Read on for the most popular news headlines this past week on CRE-sources.

Marcus & Millichap Arranges Sale Of Miami Industrial Portfolio

Michael Alaoui, senior director investments in Marcus & Millichap’s Miami office, represented the seller and procured the buyer in an all-cash transaction.

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Berger Commercial Realty Brokers $5.9 Million Sale Of Griffin Commercial Center In Dania Beach

Berger Commercial Realty Senior Vice President Joseph Byrnes and Sales Associate Daniel Forman negotiated the deal on behalf of the seller.

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CRE-sources’ Top 5 Most Popular Stories This Week

Read on for the most popular news headlines this past week on CRE-sources.

The Easton Group Bolsters Industrial Portfolio With $16.9 Million Off-Market Warehouse Acquisition

The acquisition marks The Easton Group’s second acquisition within the Gratigny submarket.