The Easton Group has joint ventured with Irvine, California-based LBA Logistics to acquire a 105,365 square-foot warehouse in Doral for $19.5 million.
The transaction closed August 27.
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.
