$32.2M In Financing Secured For Small Bay Industrial Portfolio In Miami
JLL Capital Markets arranged the financing for the 210,000-square-foot portfolio.
JLL Capital Markets arranged the financing for the 210,000-square-foot portfolio.
The project will consist of a Class A, two-building, variable-depth multi-tenant industrial development totaling 457,110 square feet situated on 30.78 acres.
The JLL Capital Markets team was led by Senior Managing Director Melissa Rose, Director Michael DiCosimo and Analyst Mateo Bolivar.
The Kavista will feature 282 rental units on a two-acre site at 495 NE 83rd St.
Once completed in the spring of 2022, the project will be a state-of-the-art warehouse facility with modern features such as a 36-foot clear height and 110 dock-high doors.
The venture led by Parmenter will invest significant capital to enhance and reposition the property, establishing it as a new innovation hub in Doral.
JLL represented the seller, Ivy Realty, in the sale of the property.
The recently constructed, two-building multi-tenant industrial park totals 170,000 square feet
The 97-key boutique hotel marks the most recent acquisition for the group as part of its plans to acquire $300 million in hospitality assets across the U.S.
JLL Capital Markets arranged the financing for the distribution, cold storage and office building
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