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TA Realty Pays $92M For Industrial Portfolio In Hialeah Gardens And Medley

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.

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Miami-Dade’s Industrial Market Still Booming In Q1: Report

Miami-Dade’s industrial market is still hot.

With low vacancy rates, lots of demand and a growing supply of new buildings, the industrial market seems to show no signs of slowing down, as South Florida becomes an increasingly attractive destination for commerce, according to a recent report by CBRE.

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