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.
CBRE has arranged the sale of Centergate at Gratigny in Hialeah.
The 3-building property, located at 5801 and 6301 East 10th Avenue, was sold on behalf of PRII CENTERGATE 1 LLC and PRII CENTERGATE 2 LLC, subsidiaries of Prudential Real Estate Investors, which acquired the property in 2015. The seller was exclusively represented by the CBRE Capital Markets team of Vice Chairman Chris Riley, Vice Chairman Christian Lee, and Executive Vice President José Lobón.
New Jersey-based Prudential Life Insurance Company just took out a $46.8 million mortgage on a huge distribution center in Hialeah, according to Miami-Dade County records.