AMBK Shipping Leases 48,000 SF Industrial Space In Doral Represented By Loreley Fajer
6450 Northwest 97th Avenue
Building Size
48,000 SF
Asset Type
Industrial
Closing
Sep 23, 2025
AI
The asset involved in the transaction is an industrial property located at 6450 Northwest 97th Avenue in the Doral market, encompassing a total of 48,000 square feet. The transaction is structured as a lease agreement.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not specified
- Address: 6450 Northwest 97th Avenue
- Market: Doral
- Landlord: Blake Baird - Terreno Realty Corporation
- Tenant: AMBK Shipping
- Landlord's Representative: Andrea Montejo & Carlos Velasquez - VS Real Estate (VSRE)
- Tenant's Representative: Loreley Fajer - Fajer International Realty
AMBK Shipping has signed a lease at Royal Palm Doral Building 1, which consolidates two older warehouses in South Florida, resulting in a 60% increase in their operational footprint. Fajer International Realty acted as the representative for the tenant during this transaction, while VS Real Estate represented the landlord, Terreno Realty Corporation.
Players
Doral Industrial Market Snapshot
Boundary boundary · Industrial · Lease transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
5.80%
Cash-on-Cash
-1.66%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93