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Centerpoint Properties | Hialeah Industrial Market

by therealdeal.com posted 9months ago 19 views
CenterPoint Properties just paid $23 million for a nearly 20-acre industrial complex east of Hialeah. The company’s purchase of Airport East Distribution Center, a 397,585-square-foot warehouse campus at 7000 Northwest 32nd Avenue in Miami, breaks down to about $58 per square foot. The seller is Equitable Real Estate Partners. Records show an affiliate of the company paid $17.5 million for the property in 2016, marking a 26 percent gain in two years. The three-building industrial ... [more]

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