Terreno To Develop $491M Miami Industrial Project
Terreno intends to develop eight additional buildings, slated for completion by 2025. At full build-out, the campus will total 2.2 million square feet.
Terreno intends to develop eight additional buildings, slated for completion by 2025. At full build-out, the campus will total 2.2 million square feet.
An Ares Management Real Estate fund acquired the assets.
The newly completed buildings are already 100% leased with five tenants.
The deal completes the second half of a four-building purchase of more than 1 million square feet of leased industrial space.
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