The PennZone

CONSHOHOCKEN, Pa., Nov. 2, 2021 /PRNewswire/ -- Seagis Property Group announced today that it has acquired a 53,000 square foot distribution facility located at 10005 NW 58^th Street in Doral, FL (Miami-Dade County). The two-unit warehouse was purchased through a 50% sale-leaseback.  There is currently a 26,500 SF vacancy available for immediate occupancy. The acquisition increases the Company's South Florida portfolio to 110 buildings and over 5.6 million square feet.

"We continue to focus on adding quality industrial assets in strategic locations to our South Florida portfolio. This property is a testament of our investment focus while also offering superior high-end finishes for our customers," said Bradlee Lord, Vice President, who is based out of Seagis' local office in South Florida.

More on The PennZone

• Merger Advancement For Embodied AI Co in Robotic Systems Serving High Value Hospitality, Gaming & Real Estate Sectors: MBody AI Corp. (NAS DAQ: MBAI)
• Hollywood In Pixels Announces Honorees for The 9th Silver PIXel Awards
• New Research Finds a Good Deal Is All It Takes to Get Americans Booking a Last-Minute Vacation — and Most Already Have One on Their Mind
• GitKraken Introduces GitLens 19, Bringing Human and AI Workflows Together in One Workbench
• LĪNA Universal Balm Nominated for "Best Clean Skincare Product" at CertClean Beauty Awards

The acquisition was facilitated by Miguel Alcivar of Cushman & Wakefield.

Seagis Property Group LP owns and operates over 12 million square feet of industrial buildings in New Jersey, New York City, and Miami-Dade/Broward.  Seagis is headquartered in suburban Philadelphia, with offices at One Tower Bridge, 100 Front Street, Suite 350, Conshohocken, PA 19428.

SOURCE Seagis Property Group

Related Links

http://www.seagisproperty.com

---

Show All News | Disclaimer | Report Violation