Industrial Building Sale In Hialeah Sets Record
Executive Managing Director Ben Eisenberg, Managing Director Thomas Kresse and Vice President Carlos Gaviria represented the seller in the transaction.
non-advertiser
Executive Managing Director Ben Eisenberg, Managing Director Thomas Kresse and Vice President Carlos Gaviria represented the seller in the transaction.
CBRE’s Kevin Probel, Kevin McCarthy and Will Portfolio will be marketing the property for lease.
This marks Integra Marinas’ first marina sale within its growing portfolio, following a multi-million-dollar repositioning of the assets.
The master plan includes up to 1,200 market-rate residential apartments, green space for residents, an office building, and a revamped shopping center with 300,000 square feet of lifestyle-oriented retail and restaurant space.
The company expects to invest more than $36 million into more than 140,000 sq. ft. of precast concrete manufacturing facilities and administrative offices, located on approximately 94 acres in Belle Glade.
The developer had applied for rezoning of the 11.4 acre parcel.
Kirk Olson and Drew A. Kristol represented the seller, an institutional investor with several offices throughout the country and procured the buyer, Benderson Development.
On behalf of the landlord, TA Realty, Avison Young Principal Donna Abood, who is also Managing Director of the firm’s Miami office, Vice President Joe Abood, and Associate Peyton Dowd facilitated the transactions.
The loan was secured as part of a multifamily property purchase by a joint venture between Angelo Gordon and Mast Capital.
The sale marks the second highest per unit sales price for its size, vintage and submarket.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.
