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Hialeah Distribution Warehouse Sells For $15M

Mac Papers, which manufactures a host of paper products, sold its distribution warehouse in Hialeah for $14.68 million.

The Jacksonville-based company sold the 137,872-square-foot warehouse at 5900 N.W. 176th St. to Spirit Master Funding X LLC, an affiliate of Dallas-based Spirit Realty. The price equated to $106 per square foot.

The warehouse was built on the 7-acre site by Mac Papers in 1997. It’s just north of the Palmetto Expressway, near the Red Road exit.

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