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Tag: Industrial

Northwood dips into South Florida’s industrial market with M warehouse purchase
Business

Northwood dips into South Florida’s industrial market with $47M warehouse purchase

October 4, 2024October 4, 2024

Northwood Investors is wading into South Florida’s booming industrial market after paying $46.5 million for a Doral warehouse.  An affiliate of Northwood, a Denver-based real

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Alliance HP acquires first Miami-Dade industrial site for M
Business

Alliance HP acquires first Miami-Dade industrial site for $24M

September 27, 2024September 27, 2024

Alliance HP made its first foray into Miami-Dade’s industrial submarket with a $24 million warehouse acquisition near Hialeah. An affiliate of Bryn Mawr, Pennsylvania-based Alliance

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Bridge lands M construction loan to redevelop ex-Ryder HQ in Miami-Dade, as industrial market chugs along
Business

Bridge lands $53M construction loan to redevelop ex-Ryder HQ in Miami-Dade, as industrial market chugs along

September 27, 2024September 27, 2024

Bridge Industrial landed a $53 million construction loan to redevelop Ryder System’s former headquarters site in Miami-Dade County with a logistics complex.  Chicago-based Bridge plans

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Cleared for landing: Patrick Bet-David pays M for Broward office building and airplane hangar
Business

Cleared for landing: Patrick Bet-David pays $25M for Broward office building and airplane hangar

September 24, 2024September 24, 2024

Patrick Bet-David and partners are ready for takeoff after paying $25 million for a Fort Lauderdale office building and airplane hangar An entity managed by

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Romero Britto buys his art studio in Miami’s Little River
Business

Romero Britto buys his art studio in Miami’s Little River

September 24, 2024September 24, 2024

Brazilian artist and sculptor Romero Britto purchased his biggest gallery piece, his company’s headquarters.  Britto paid $11.8 million for the 58,000-square-foot art studio at 795

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Blackstone subsidiary nabs M loan for Medley industrial complex
Business

Blackstone subsidiary nabs $95M loan for Medley industrial complex

September 20, 2024September 20, 2024

Link Logistics secured a $95 million loan for a quartet of recently completed warehouses in Medley. An affiliate of New York-based GID provided the loan

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Longpoint bulks up South Florida industrial portfolio with M Medley purchase
Business

Longpoint bulks up South Florida industrial portfolio with $27M Medley purchase

September 6, 2024September 6, 2024

Longpoint continues bulking up its South Florida industrial portfolio, recently paying $27.2 million for three Medley warehouses. An affiliate of Boston-based Longpoint, led by founding

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Tribune parent’s real estate arm expands West Palm Beach industrial portfolio
Business

Tribune parent’s real estate arm expands West Palm Beach industrial portfolio

August 22, 2024August 22, 2024

Twenty Lake Holdings, a subsidiary of Tribune Publishing owner Alden Global Capital, is expanding its industrial portfolio in West Palm Beach.  An affiliate of Stamford,

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Chick-Fil-A plans new cold storage center in Weston
Business

Chick-Fil-A plans new cold storage center in Weston

August 21, 2024August 21, 2024

Atlanta-based restaurant operator Chick-Fil-A won approval to build a new cold storage warehouse and distribution facility in Weston to replace the one the company bought

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Prologis pays M for Verizon subsidiary HQ near Doral, with plans for industrial redevelopment
Business

Prologis pays $55M for Verizon subsidiary HQ near Doral, with plans for industrial redevelopment

August 16, 2024August 16, 2024

Prologis bought a Verizon subsidiary’s headquarters near Doral for $54.5 million, with plans for an industrial redevelopment.  The San Francisco-based real estate investment trust scooped

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