Seagis Property Group LP (“Seagis”), one of South Florida’s most active industrial real estate investors and owners, closed on a two-property industrial real estate portfolio located in Medley.
Both properties were sold by Cemex USA, a global building materials company. Located at 10900 NW 138th Street, the first property is a seven-acre site, home to a decommissioned cement plant that Seagis will redevelop into a 130,150-square-foot Class-A warehouse. The state-of-the-art, rear-load facility will be delivered in late 2023.