South Florida’s industrial real estate market’s second quarter proved to be its strongest period in three years, according to a recently released report from Newmark Knight Frank.
Joint venture partners Bridge Development Partners, one of South Florida’s most active industrial real estate developers, and PGIM Real Estate, the global real estate investment and financing business of Prudential Financial, Inc., announced the acquisition of a 20.08-acre site strategically located at NW 162nd Street and NW 102nd Avenue in Hialeah.
The Related Group, PGIM Real Estate and Shoma Group sold the Flats at CityPlace Doral apartment complex for $100 million.
The 303 apartments at 3555 N.W. 83rd Ave. were acquired by Virginia-based Harbor Group International. The price equated to $330,033 per unit.’