In clearing approximately 25 acres, Codina Partners will use the former Koger Center site to introduce new residential offerings, including a potential private, gated single-family community, plus a multifamily development.
The buyer of all three deeds was Southeast Commercial LLC, an affiliate of Salt Lake City-based Property Reserve. Industrial rent has surged in Miami-Dade County in recent years, so new warehouses have often sold for a premium.
Thirty years ago, Armando Codina launched his first industrial real estate project in Miami. Now, his daughter, Ana-Marie Codina Barlick, is leading the family-owned firm back into the warehouse industry with one of South Florida’s largest projects.
Cargill, the largest privately-held corporation in the U.S. by revenue, has leased 70,000 square feet in Beacon Logistics Park– the new, Class A industrial park in Hialeah developed by Codina Partners and USAA Real Estate.
South Florida developers tend to hone in on one or two areas they know best, and if you’re talking about Doral, there is no bigger honer than Codina Partners Executive Chairman Armando Codina, who built a master-planned community with schools, a city hall, 5,000 residential units, a Publix and 1M SF of commercial space. Codina,