CBRE Arranges $52.8 Million Sale Of 171,000 SF Industrial Property
This deal marks one of the largest user purchases in recent history.
This deal marks one of the largest user purchases in recent history.
JLL Capital Markets led the sales efforts for the 371,000-square-foot light industrial portfolio adjacent to Miami International Airport.
The facility was 100% leased to 12 tenants that are critical to the local economy and service the immediate area.
The buyer is a joint venture between East Capital Partners, Tramview Capital Management, and ABR Capital Partners.
The small-bay light industrial buildings were 95% leased at the time of sale to 42 tenants.
The buyer is a JV whose principal firms include East Capital Partners, Tramview Capital Management, and ABR Capital Partners.
JLL Capital Markets arranged the financing for the 210,000-square-foot portfolio.
Devin White with CBRE Industrial & Logistics will be leading marketing efforts.
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