Badia Spices, Inc., represented by Tom Kimen and Dalton Easton of Easton & Associates, purchased the building from Lagunita Holdings, Inc., for $9,500,000, or $175 per square foot.
Hialeah’s industrial market is showing no signs of a slowdown.
TA Realty just paid $92.25 million for a ten-parcel industrial portfolio in Medley and Hialeah Gardens. Miami-based commercial real estate firm Cofe Properties sold the nearly 932,500-square-foot portfolio.
Property records show Cofe bought the assemblage in 2013 for $48.3 million.