A strong performance in the South Florida industrial sector during Covid-19 didn’t fully translate to new milestones in the market’s top sales.
The largest industrial sale of 2020, valued at $94 million, still fell below the biggest deals of 2019 and 2018, of $178 million and $180 million, respectively, according to an analysis by The Real Deal.
Badia Spices bought a warehouse in Sweetwater for $44 million.
The spices and herbs manufacturer paid about $141 a square foot for the 313,000-square-foot building at 2200 Northwest 112th Avenue in Dolphin Commerce Park, according to a press release.
DiGiacomo Group’s Roger Zuñiga and Steve Di Giacomo negotiated the sale of an industrial facility totaling 54,361 square feet, located at 2101 Northwest 82 Avenue in Doral, Florida.
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.
