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Tag: Warehouses

Only in America! Don King slapped with foreclosure lawsuit alleging M default
Business

Only in America! Don King slapped with foreclosure lawsuit alleging $5M default

March 11, 2025March 11, 2025

A lender is going toe-to-toe with Don King, alleging the Donald Trump loving boxing promoter defaulted on a $5.3 million mortgage.  An affiliate of Miami-based

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Industrial vs yachts: Boat storage owner plans to replace Dania Beach marina with spec warehouses
Business

Industrial vs yachts: Boat storage owner plans to replace Dania Beach marina with spec warehouses

February 28, 2025February 28, 2025

The owner of a boat storage facility in Dania Beach plans to replace the property’s marina with two spec warehouses. Banyan Bay Marine Center won

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Targeting Broward industrial sites, Walton Street and Lincoln Property buy former Bang Energy HQ for M 
Business

Targeting Broward industrial sites, Walton Street and Lincoln Property buy former Bang Energy HQ for $44M 

February 26, 2025February 26, 2025

Walton Street Capital and Lincoln Property Company are gunning for Broward County industrial sites, paying $43.7 million for a Weston warehouse four months after acquiring

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Industrial gain: TA Realty sells Miami-Dade warehouses for M, more than double its purchase price in 2019
Business

Industrial gain: TA Realty sells Miami-Dade warehouses for $22M, more than double its purchase price in 2019

February 4, 2025February 4, 2025

Fresh off buying a Blackstone Opa-Locka industrial portfolio for nine figures, TA Realty sold a nearby warehouse complex for $22 million, marking a sizable gain. 

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Miami-Dade pays M for industrial sites to use as staging for MIA improvements, expansion
Business

Miami-Dade pays $17M for industrial sites to use as staging for MIA improvements, expansion

January 16, 2025January 16, 2025

Miami-Dade County bought a 3.4-acre industrial site for $17 million that it plans to use as staging for improvements and expansion of the nearby international

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Former exec sues Alden affiliate over allegedly lowballing his stake in properties in South Florida, elsewhere
Business

Former exec sues Alden affiliate over allegedly lowballing his stake in properties in South Florida, elsewhere

January 16, 2025January 16, 2025

Hedge fund Alden Global Capital’s real estate division allegedly tried to shortchange a former property manager and investor in his payout for South Florida hotels

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Industrial vacancies up across South Florida in the fourth quarter, as rents drop in Broward and Palm Beach counties
Business

Industrial vacancies up across South Florida in the fourth quarter, as rents drop in Broward and Palm Beach counties

January 15, 2025January 15, 2025

South Florida’s industrial market took a hit in the fourth quarter of last year, as vacancies rose across the tri-county region, and rents dropped in

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After brief retail spending spree, Easton returns to its South Florida industrial roots
Business

After brief retail spending spree, Easton returns to its South Florida industrial roots

January 6, 2025January 6, 2025

Easton Group is back in the industrial game after a short retail spending spree in recent months, buying its partner’s interest in a Doral warehouse

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Terreno drops 6M for warehouses in Doral, marking one of last year’s top industrial deals
Business

Terreno drops $196M for warehouses in Doral, marking one of last year’s top industrial deals

January 6, 2025January 6, 2025

Terreno Realty bought three warehouses in Doral for $195.6 million, marking one of last year’s top industrial deals.  The Bellevue, Washington-based firm bought the buildings

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Cabot acquires Lake Park complex for M as warehouse deals surge
Business

Cabot acquires Lake Park complex for $91M as warehouse deals surge

December 30, 2024December 30, 2024

Cabot Properties joined the list of South Florida’s top industrial buyers in 2024 after paying $91.3 million for a recently completed industrial complex in Lake

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