MIAMI—America's Gateway, a 306, 924-square-foot industrial complex in Doral, FL, has traded hands. The sale price was $23.7 million.
CBRE's Capital Markets Institutional Group represented the seller. The buyer also retained by the buyer to handle property leasing and management.
“With an unmatched location such as this in Doral, at the nexus of Miami's transportation, infrastructure and logistics systems, industrial product will always garner significant investor interest,” says Christian Lee, vice chairman with CBRE's Capital Markets Institutional Group. “Tenant retention is high as is potential for substantial rent appreciation over the next 10 years.”
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