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.
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.
International logistics and distribution company Interworld Freight Line just secured a 63,300-square-foot lease at Flagler Station in Medley.
The seven-year lease at 9705 Northwest 108th Avenue is valued at $3.5 million, according to a press release.