EB-5 Fund Invests $50M In Hialeah Warehouse Park — Looking For More Florida Projects

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.

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CenterPoint Properties Picks Up Pair Of New Warehouses For $61 Million

Florida East Coast Industries (FECI) sold a pair of new warehouses at Countyline Corporate Park in Hialeah for a combined $61 million. The buyer was Oak Brook, Illinois-based CenterPoint Properties, which has acquired 10 industrial properties in South Florida since 2017.

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South Florida’s Priciest Industrial Sales In 2018

Industrial properties in South Florida were in hot demand in 2018, with the top five industrial sales totaling $478 million, outperforming last year’s $401.5 million.