An EB-5 investment firm searched the state for a potential prosperous development, and decided to bet on a Hialeah warehouse project. And it has another $125 million to drop.
CanAm Enterprises, founded 33 years ago in Canada, invested $50 million into the Countyline Corporate Park project in August. The money will fund construction of 1.2 million square feet of warehouse space.
Florida East Coast Industries broke ground on a pair of warehouses in Countyline Corporate Park in Hialeah after obtaining a $20 million construction loan.
Wells Fargo Bank awarded the mortgage to Countyline Building 24 LLC and Countyline Building 25 LLC, both affiliates of Miami-based FECI. The buildings will be constructed at 4071 and 4021 W. 108th St. They will each total 136,795 square feet.