Greenspoon Marder Represents Client In Purchase of Multi-Million Industrial Warehouse Facility in Miami
Jan 30, 2019
MIAMI, FL – January 17, 2019 – Greenspoon Marder represented GFTF, LLC in the purchase of an 87,100 square foot sale industrial warehouse facility located at 7400 NW 37th Avenue, Hialeah, FL. Greenspoon Marder Partners Manuel L. Crespo, and John Gelety, and Associate Frank Whitaker, provided real estate and corporate counsel to the purchaser and served as closing and title agents. The sale price of the transaction was $5,050,000.00 with institutional financing in the amount of $4,000,000.00. The seller of the multi-million facility was Antela Holdings, Inc.
“This transaction demonstrates that there is still real value in the industrial market,” comments Mr. Crespo. “The Miami market will continue to be attractive to industrial buyers because it offers convenient proximity to several international deep-water freight and passenger ports, international airports, major rail links, and serves a vibrant and fast-growing South Florida market”
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