8081-8085 NW 66 Street Miami-2_courtesy of CBRE 800x400

CBRE Negotiates Sale Of Doral Industrial Property

CBRE's Larry Genet, Tom O'Loughlin, and Zack Krawiec

CBRE Executive Vice Presidents Larry Genet and Tom O’Loughlin, along with Associate Zack Krawiec, negotiated the sale of a free-standing ±7,128-square-foot small bay warehouse located at 8081-8085 NW 66th Street in Miami.

CBRE represented the buyer, HMR 8081, LLC, and the seller, 8083 LLC, in the transaction, which closed January 17.

HMR 8081, LLC purchased the asset for $1,900,000, equating to $267 per square foot.

“Our team is grateful to have represented this estate sale and achieving an incredibly high price per square foot,” commented Genet. “We have eight other deals for sale in the Miami market and look forward to more closings in 2023.”

Built in 1982, the small bay property has been well maintained by the same owner for 40 years and is currently income generating with two of the three bays leased. The property has heavy industrial zoning and is fully fenced and secured and offers immediate access to all major highways.

 

Share and Enjoy:
  • email
  • Facebook
  • LinkedIn
  • Twitter
 

-------------------------

Get the latest industry news and information from CRE-sources delivered right to your email inbox!

And we promise…no more than one email each morning.

 

CLICK HERE TO SUBSCRIBE TODAY!

 
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *