Brookfield Property Group Picks Up Distribution Warehouse For $216 PSF

Jun 07, 2020 No Comments by

A distribution warehouse in Doral that’s leased to a public company traded for $26.9 million.

HS-Miami FL LLC, an affiliate of Oviedo-based A. Duda & Sons, sold the 124,687-square-foot warehouse at 10800 and 10810 N.W. 92nd Terrace to BPREP 10800 NW 92nd Terrace LLC, an affiliate of Brookfield Property Group in Los Angeles. The price equated to $216 per square foot.

The property, located within the Beacon Station business park, last sold for $13.8 million in 2004. It was built on the 22.4-acre site in 2003.

The warehouse is leased to HD Supply, one of the largest industrial parts distributors in North America.

 

 

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Industrial / Flex, Industry News, Miami-Dade County Industrial / Flex, NA
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