South Florida’s largest industrial sales of 2025 were dominated by single-tenant logistics campuses and multi-property portfolios, with institutional investors trading heavily in Miami-Dade and Broward even as deal volume slipped from 2024’s frenzied pace.
The top ten industrial deals combined for $822 million, compared to $1.1 billion last year, according to analysis by The Real Deal of Cushman & Wakefield and Colliers reports.
Blackstone was the most active seller, unloading more than half of the top 10 assets, while buyers such as Terreno, Ares and TA Realty targeted infill, last‑mile warehouses in Doral, Miramar, Opa-locka and Hialeah at pricing that generally held in the mid‑$200s to high‑$300s per square foot.
1. $130.7M | Terreno Realty | Doral
San Francisco-based Terreno Realty, led by W. Blake Baird, paid $130.7 million for the Royal Palm Doral industrial portfolio at 6450 and 6550 Northwest 97th Avenue in Doral, making it the priciest warehouse trade in South Florida this year. The two-building complex spans roughly 346,000 square feet and traded for about $378 per square foot. Blackstone sold the fully leased asset to Terreno in August.
2. $120.5M | Ares Management | Dania Beach and Miramar
Ares Management, led by Michael Arougheti, picked up a three-building portfolio in Miramar and Dania Beach from Blackstone and Link Logistics for $120.5 million in April. The properties, spanning 457,000 square feet, sold for about $263 per square foot and gave Ares additional scale in west Broward’s big-box logistics corridor near major highways. The transaction is part of Blackstone’s broader South Florida industrial sell-off, which has topped the billion-dollar mark over the last two years.
3. $105.7M | TA Realty | Opa-Locka
In another deal involving Blackstone as the seller, Boston-based TA Realty paid $105.7 million for Phase II of Ironwood Commerce Center, a development site at 12691–12705 Northwest 42nd Avenue in Opa-locka. The trade slots in as the third-largest industrial deal of 2025 and reflects investor demand for newly built product near Opa-locka Executive Airport. Industry sources said TA Realty, led by Jim Buckingham, is betting on continued rent growth in Northwest Miami-Dade’s tight logistics submarket. Last year, Blackstone and Link Logistics also sold an adjacent industrial park to TA Realty for $160 million.
4. $90.2M | East Capital Partners | Northwest Miami Dade
Blackstone was the seller in the fourth-biggest industrial sale of 2025. Darien, Connecticut-based East Capital Partners, led by David Archibald and Drew DeWitt, acquired Airport Trade Center at 3108–3308 Northwest 72nd Avenue for $90.2 million. The deal breaks down to roughly $241 a square foot for the 375,000-square-foot industrial complex, giving East Capital a large footprint near Miami International Airport at a time when infill sites are scarce. The firm financed the acquisition with a mix of equity and debt and is expected to pursue incremental upgrades as it leases up the property.
Boston-based Longpoint Realty Partners, led by Dwight Angelini, picked up America’s Gateway Park, a six-building industrial portfolio in Doral, for $82.3 million in late July. Terreno Realty sold the properties, clustered around Northwest 20th Street and Northwest 89th Place. Longpoint is among the most active institutional investors wheeling and dealing in South Florida industrial properties. The firm notched the largest industrial purchase of 2024 with its $331.2 million South Florida portfolio acquisition from Blackstone.
6. $69.9M | MIG Real Estate | Davie, Fort Lauderdale and Sunrise
Longpoint was also involved in the tri-county region’s sixth-largest deal as the seller. MIG Real Estate bought a 10-property industrial portfolio in Davie, Fort Lauderdale and Sunrise from Longpoint for about $69.9 million. The portfolio is a mix of mid-bay and light-industrial buildings spread across central Broward. The deal underscores how investors are still aggregating critical mass in Broward’s older industrial complexes as development sites grow scarce.
7. $58.9M | Property Reserve | Hialeah
The seventh biggest industrial transaction of 2025 involved Coral Gables Codina Partners striking another warehouse deal with Property Reserve, the real estate arm of the Church of Jesus Christ of Latter-day Saints. In March, Property Reserve paid $58.9 million for a 226,698-square-foot warehouse at Beacon Logistics Park in Hialeah. The trade, at about $260 per square foot, extends the church’s industrial holdings in the master-planned complex, following its 2024 purchase of another building at the same complex also sold by Codina. The building is part of a larger complex planned to exceed 1 million square feet once fully built out.
8. $56M | Ares Management | Weston
In Weston, Ares Management paid $56 million for Meridian at Weston, a 231,000-square-foot industrial property at 3425 Meridian Parkway, buying it from Cabot Properties. The late-year sale adds another South Florida warehouse to Ares’ expanding regional portfolio. The property sits within the Weston Park of Commerce and has historically attracted distribution and cold-storage users, according to brokerage data.
9. $55.3M | EQT Exeter | Deerfield Beach
EQT Exeter dropped $55.35 million on a Broward County industrial portfolio previously owned by an affiliate of Miami-based Elion Partners. The buildings, including properties along Northwest 31st Avenue in Deerfield Beach, span 221,000 square feet and sold for about $250 per square foot. The acquisition gives EQT Exeter additional coverage in North Broward’s logistics corridor, where vacancy is among the lowest in the region.
10. $52.9M | Martinez Distributors | Hialeah
Rounding out the top ten is Miami-based Martinez Distributors’ $52.9 million acquisition of Countyline East Logistics Center at 16300 Northwest 97th Avenue in Hialeah. In August East Capital Partner sold the 171,200-square-foot building for about $309 per square foot to Martinez. The trade highlights a recurring theme in this year’s rankings: local companies stepping up to buy high-quality distribution space for their own operations, even at institutional pricing.