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Banyan Capital Buys Doral Office Towers For $43M

A company with ties to Miami-based Banyan Street Capital bought a Doral office complex for $43 million, marking a discount from its last purchase price four years ago.

The real estate investment firm bought the twin office buildings near the intersection of Northwest 36th Street and Northwest 87th Avenue, along with some adjacent properties, according to records. The seven-story towers were built in 1985 and 1990.

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CBRE Welcomes 50,000 SF Tenant To Centergate At Gratigny

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CBRE announced today it executed the lease of a 50,328 square-foot industrial warehouse space at Centergate at Gratigny II in Hialeah. Located at 5801 East 10th Avenue, the space includes 2,499 sq. ft. of office, 47,829 sq. ft. of warehouse space and 14 dock positions.

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Florida East Coast Industries Breaks Ground On Two Warehouses In Hialeah With $20M Loan

Florida East Coast Industries broke ground on a pair of warehouses in Countyline Corporate Park in Hialeah after obtaining a $20 million construction loan.

Wells Fargo Bank awarded the mortgage to Countyline Building 24 LLC and Countyline Building 25 LLC, both affiliates of Miami-based FECI. The buildings will be constructed at 4071 and 4021 W. 108th St. They will each total 136,795 square feet.

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