Terra, Terranova sell 24-acre property in Doral for $55M
American Fine Food has doubled its size and moved to the Prologis Miami International Airport Logistics Center, with a 145,855-square-foot lease — a deal valued at $5.6 million, according to the South Florida Business Journal. The 70,000-square-foot expansion brings the Prologis’ center, which is located at 6905 NW 25th Street, adjacent to MIA’s cargo area, to 100 percent occupancy. George Pino of State Street Realty represented the landlord and Wayne Ramoski of Cushman and Wakefield represented the tenant in the transaction. “It’s another teastament to how active the industrial market is in Miami-Dade,” Pino said. “It’s the ninth expansion this year.” The deal comes as Miami’s industrial market explodes with development. Ground has broken or is scheduled to break in next few months on nearly one million square feet of warehouse space, with an additional two million in the pipeline. [SFBJ] — Christopher Cameron
