Cornerstone Completes Double Play In Doral Industrial Building Sales

Doral-based Cornerstone International Realty represented A Customs Brokerage, the seller, in the sale of their 38,000-square-foot industrial building as well as the purchase of a 48,000 square-foot industrial building.
The transactions were negotiated by Frank Trelles and Hector Catano, principals with Cornerstone International Realty. No other brokers were involved in the deals.
The facility located at 5400 NW 84^th Avenue in Doral sold for $2,575,000 to an investor.
The international customs brokerage and logistics management company holds a National Permit allowing clearance of merchandise in any U.S. Port via remote filing (RLF). They are also a C-TPAT-certified customs broker assisting in controlling the threat of terrorism.
The Cornerstone team was able to accommodate the company’s expansion at 1900 NW 97^th Ave in Doral.  The building purchase closed on June 20 for $3,900,000.
“The biggest challenge we had was timing,” commented Trelles. “When you have a client that needs to sell their building before buying another, you can have several obstacles stand in your way. Our client was not ready to sign a contract for another building until they knew they had a buyer ready to close on their building. We were able to lineup the timing just perfect for all parties involved.”
Catano added, “There is no better reward in our business when you close a deal that both buyer and seller are happy with the deal.”