TA Realty just sold three warehouses in Miami Gardens and near Hialeah for $21.35 million to RREEF Property Trust, an arm of Deutsche Bank asset management.
The industrial portfolio spans 290,000 square feet, meaning the deal breaks down to nearly $75 per square foot. Records show TA Realty spent a total of about $17.6 million acquiring the sites in 2007 and 2008 through an affiliate company, the Realty Associates Fund VIII.
Continue reading “TA Realty Sells Miami-Dade Warehouse Portfolio”
Hialeah’s industrial market just got hotter.
Duke Realty just dropped $180 million at Flagler Global Logistics’ 8 million-square-foot industrial park on the northwest corner of Northwest 154th Street and and Northwest 97th Avenue.
Continue reading “Duke Realty Drops $180M At Hialeah Industrial Park”
Daniel P. Cook, Owner and President of Cook Commercial Realty, Inc., represented Foreign Parts Distributors LLC in a new, 152,800-square-foot industrial lease at Gratigny Industrial Park, located at 3000 NW 125th Street in Miami.
Continue reading “Cook Commercial Realty Brings 153,000 SF Tenant To Gratigny Industrial Park”