Prologis wants to expand its massive Beacon Lakes business park in northwest Miami-Dade County by building two logistics and distribution warehouses.
The San Francisco-based real estate investment trust submitted a proposal to Miami-Dade County for two 164,435-square-foot facilities on the southeast corner of Northwest 129th Avenue and 14th Street.
Real estate investment trust Prologis paid $12.4 million for a one-story office building near Sweetwater.
The San Francisco-based company bought the 102,000-square-foot building on about 8 acres at 12496 Northwest 25th Street, according to records.
The building is within the Beacon Lakes master-planned, 436-acre business park. An online listing for the building shows office space available for rent for $25 a square foot a year.