Terreno Realty buys industrial property near Miami International Airport

Miami /
Feb.February 03, 2015 12:49 PM

Terreno Realty purchased an industrial property in Miami’s Airport West market, according to Cushman & Wakefield, which brokered the sale.

ProCom Properties sold the 107,000-square-foot-warehouse, located at 10100 NW 25th Street. CGI Windows & Doors is the warehouse’s only tenant.

Cushman & Wakefield Executive Director Wayne Ramoski and Senior Associate Gian Rodriguez handled both sides of the deal, according to a news release.

The property marks Terreno Realty’s fourth industrial purchase in the area since 2013, with the first three properties located in Medley. The corporation owns 133 buildings throughout Los Angeles, New Jersey, New York City, Miami, Seattle, Washington D.C. and Baltimore.

“The Airport West-Doral submarket continues to be South Florida’s most valued market,” said Ramoski in a statement. “Terreno is a savvy investor whose criteria marries today’s economics with future value growth.” — Sean Stewart-Muniz


Related Articles

arrow_forward_ios
Rendering of 830 Brickell office tower; Cushman & Wakefield's Brian Gale, JLL's Manny De Zárraga, Avison Young's Donna Abood, Dwntwn Realty Advisors' Tony Arellano and Stephen Rutchik. (Credit: OKO Group and Cain International, JLL, CW, Dwntwn Realty Advisors, Cushman & Wakefield, Avison Young, Getty, 830 Brickell)
Meet the commercial brokers making bank in Miami
Meet the commercial brokers making bank in Miami
Cushman & Wakefield 's Amarjit “Marj” Bains with 701 Brickell Avenue and 703 Northwest 62nd Avenue
Cushman poaches 32 JLL employees who manage trophy Miami office properties
Cushman poaches 32 JLL employees who manage trophy Miami office properties
Lease roundup: Apparel company inks 142K sf lease in Miami Gardens & more
Lease roundup: Apparel company inks 142K sf lease in Miami Gardens & more
Lease roundup: Apparel company inks 142K sf lease in Miami Gardens & more
Fadia Bassi and Tyler Reynolds (Getty)
Movers & Shakers: Cushman taps former JLL vice president as managing director & more
Movers & Shakers: Cushman taps former JLL vice president as managing director & more
CBRE CEO Bob Sulentic and Gordon Messinger (CBRE/Illustration by Kevin Rebong for The Real Deal)
Gordon Messinger joins CBRE from Cushman & Wakefield
Gordon Messinger joins CBRE from Cushman & Wakefield
Ericka Witkowski
Former Cushman & Wakefield broker launches her own firm
Former Cushman & Wakefield broker launches her own firm
From left: Denny St. Romain and Jubeen Vaghefi
Movers & Shakers: Longtime JLL brokers join CushWake & more
Movers & Shakers: Longtime JLL brokers join CushWake & more
Related Group pays $26M for rental complex in Tampa’s Bayshore area
Related Group pays $26M for rental complex in Tampa’s Bayshore area
Related Group pays $26M for rental complex in Tampa’s Bayshore area
arrow_forward_ios

The Deal's newsletters give you the latest scoops, fresh headlines, marketing data, and things to know within the industry.

Loading...