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Blackstone Group Affiliate Adds To Land Assemblage In Medley, Lines Up Property For Industrial Development

9800 NW 87th Ave

Fordome Investment Group, a real estate investment firm led by Kristopher Rodriguez, sold the 2.2-acre site at 9800 N.W. 87th Ave. for $3.3 million to GPT NW 87th Avenue Owner LLC, part of the industrial arm of Blackstone. It was used for automobile storage.

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Ambitious Rival Florida Airport Targets A Prime Slice Of Miami’s Freighter Traffic

Freighter operators moving cargo on intra-Americas routes have a new option as Airglades International Airport (AIA) targets their traffic.

The airport has announced plans for a “state-of-the-art logistics complex in southern Florida to dramatically reshape the efficient flow of perishable goods from Latin American producers to North American consumer markets”.

The US Federal Aviation Administration (FAA) cleared the way for the project in September, okaying a proposal for a private takeover of AIA to convert it into an all-cargo gateway. The project had already secured the backing of local and regional authorities.

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Former Shoma Headquarters In Doral Goes For $13M

The former headquarters of Shoma Development sold for $12.8 million.

Doral Commons, a four-story, 59,727-square-foot office building in Doral, sold for $214 per square foot, records show. A company managed by Coral Gables real estate investor William Holly bought the property at 8550 Northwest 33rd Street.

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