CenterPoint picks up warehouse near Opa-locka

Giralda Place developers built the 129k sf warehouse

Miami /
Dec.December 19, 2017 11:30 AM

3355 Northwest 114 Street and David Nenner of CenterPoint (Credit: CenterPoint)

CenterPoint Properties just picked up a warehouse near Hialeah and Opa-locka for $17.5 million, property records show.

The 129,000-square-foot warehouse at 3355 Northwest 114 Street in Miami traded for about $135 per square foot. Records show the seller is a company tied to Coral Gables developers Heidi Eckes-Chantré, Kim Tabet and Christopher Brown.

The developers paid $1.75 million for the 6-acre site in 2004 and completed the warehouse in 2007. It’s sole tenant, Iron Mountain, is a storage and information management company with more than 1,400 facilities across 53 countries, according to its website.

The warehouse is south of Florida State Road 924 and west of I-95.

In August, CenterPoint paid $59 million for a 59-acre distributing center in Opa-locka, and in February, the firm paid $108 million for a FedEx distribution center in Medley.

The sellers are in the midst of delivering Giralda Place, a mixed-use project in downtown Coral Gables, where WeWork recently announced it will lease 34,000 square feet of space.


Related Articles

arrow_forward_ios
Fruchtlander family buys Hollywood, Florida rental for $32M
Fruchtlander family buys Hollywood, Florida rental for $32M
Fruchtlander family buys Hollywood, Florida rental for $32M
Moishe Mana buys Allapattah site as he doubles down on Miami
Moishe Mana buys Allapattah site as he doubles down on Miami
Moishe Mana buys Allapattah site as he doubles down on Miami
Robert Finvarb and Abraham “Abie” Hidary with the site at 2534 North Miami Avenue (Koniver Stern Group)
Hidrock Properties, Robert Finvarb pay $13M for Wynwood site
Hidrock Properties, Robert Finvarb pay $13M for Wynwood site
The current Miami Beach North Shore library with Mayor Dan Gelber (Google Maps, Gelber)
Miami Beach seeks buyers for city-owned development sites
Miami Beach seeks buyers for city-owned development sites
Developer David Edelstein and Robert Levine of RAL Development with the project (Getty, RAL)
David Edelstein, partner close on missing piece of Wynwood assemblage for office towers
David Edelstein, partner close on missing piece of Wynwood assemblage for office towers
David Grutman and Pharrell’s Goodtime Hotel had received nearly 30 noise violations (Carma Connected, Getty)
Too much of a good time? David Grutman and Pharrell’s Goodtime Hotel could lose entertainment permit
Too much of a good time? David Grutman and Pharrell’s Goodtime Hotel could lose entertainment permit
Related Companies Chairman Stephen Ross with One Flagler (Related, Getty)
Prayers answered? Related Companies closes on church site for planned office tower in downtown West Palm
Prayers answered? Related Companies closes on church site for planned office tower in downtown West Palm
Grover Corlew principal Mark Corlew with Bank of America Tower in Boca Raton (Grover Corlew)
Grover Corlew buys Bank of America Tower in Boca Raton for $45M
Grover Corlew buys Bank of America Tower in Boca Raton for $45M
arrow_forward_ios

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

Loading...