Maddux & Company’s Joseph H. Weston Brokers Small-Bay Industrial Portfolio Sale In Miami
The sale price works out to roughly $328 per square foot.
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The sale price works out to roughly $328 per square foot.
The warehouses sit on 14.7 acres near a Publix distribution facility
The leasing activity was brokered on the tenant side by JLL. Ryan Goggins and Peter “PJ” Apol represented Sunbeam Properties & Development.
The mixed-use tower is planned to total about 1.6 million square feet, with completion targeted for 2029.
Senior Managing Director Jaret Turkell and Senior Directors Omar Morales and Yoav Yuhjtman of Berkadia South Florida led the transaction on behalf of the seller.
Alex Zylberglait of Marcus & Millichap represented the seller, a private overseas group, and procured the buyer, a local private operator.
The property totals 366,036 square feet on 22 acres.
The lease transactions are valued at more than $56 million.
Colliers’ Executive Vice Presidents Jonathan Carter and Dave Preston are leading retail and restaurant leasing on behalf of Centtral Aventura LLC.
Founded in 2022 with its first studio in Miami, Fuze House has rapidly expanded its footprint, now operating five locations across Miami, New York City and East Hampton.
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