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Cushman & Wakefield Arranges $14.75 Million Industrial Property Sale In Miami Airport Submarket

7480 NW 48th St._1200x600

Cushman & Wakefield has arranged the sale of a 51,392-square-foot industrial facility on ±4.4 acres at 7480 NW 48th St. in Miami.

The final sale price was $14.75 million.

Cushman & Wakefield’s Wayne Ramoski and Miguel Alcivar represented the seller, DFJ Properties West, LLC, in the transaction. The property was acquired by RLIF East 5, LLC.

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Bridge, PGIM Acquire 20-Acre Site In South Florida To Develop 300,000+ SF Cold Storage Facility

BP Cold Logistics Rendering

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.

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Nestlé Waters Takes 257,000 At Airport North Logistics Park

Nestlé Waters North America will be filling up a new warehouse at the Airport North Logistics Park, according to a release.

The company inked a 257,000-square-foot lease at 8501 Northwest 80th Street, representing nearly one third of the space at the 900,000-square-foot, three-building logistics park in northwest Miami-Dade.

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