South Florida Business Journal DemeTech has paid $15 million, or about $96.15/sf, for a 156,000-square-foot warehouse in Miami Lakes, Fla. The company bought the industrial property, which sits on a 7.8-acre site at 5980 Miami Lakes Drive, in an effort ...
The property is fully leased to Miami International Freight Solutions.
The property is fully leased to Miami International Freight Solutions. Terreno Realty, a San Francisco REIT, had bought the building in 2010 for $7.8 million. It sits on a 13.2-acre site and is 15 miles northwest of downtown Miami.
Wells Fargo Bank provided $7.93 million of debt for the purchase.
Digital Realty bought 45901 and 45845 Nokes Blvd., which has 167,000 square feet in Sterling, Va., and 21561 and 21571 Beaumeade Circle, with 164,000 sf in Ashburn, Va. It also acquired 10.7 acres next to the buildings on Beaumeade Circle. ...
vacant.
SouthTrust Bank was given a new first mortgage for $8.27 million.
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