The buyers haven't decided exactly what they will do with the land, but they are considering a build-to-suit development or full bay warehouses for rent or for sale, Harry Tangalakis, a broker involved in the sale, tells GlobeSt.com.

Tangalakis, senior vice president with the Palm Beach County office of CB Richard Ellis Inc., represented KI Inc. as the only broker involved in the transaction.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM Digital Member, you’ll receive:

  • Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
  • Educational webcasts, white papers, and ebooks from industry thought leaders
  • Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
NOT FOR REPRINT

© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.

Industrial
Miami