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Brookfield Breaks Ground On Miami-Dade Warehouse With $22M Loan

An affiliate of Brookfield Property Group broke ground on a warehouse in the Beacon Lakes business park in west Miami-Dade County after obtaining a $21.89 million construction loan.

Quadreal Finance provided the mortgage to BSREP III Lake Belt Logistics, an affiliate of New York-based Brookfield Property Group. It covers the 7.46-acre site at 12590 N.W. 17th St., at the southwest corner of Northwest 130th Avenue.
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Brookfield Buys Miami Industrial Complex For $83M

New York-based Brookfield Property Group bought an industrial complex west of Miami International Airport for $82.9 million.

Brookfield Property, a subsidiary of Toronto, Canada-based alternative asset manager Brookfield Asset Management Inc., bought the property from MICAP 18 LLC. The purchase price breaks down to $201 per square foot.

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