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6450 Northwest 97th Avenue

AMBK Shipping Leases 48,000 SF Industrial Space In Doral Represented By Loreley Fajer
LEASEDIndustrial

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

Carlos Velasquez

VS Real Estate (VSRE)

Broker

$6.7M

vol

8 deals

Broker
VS Real Estate (VSRE)
VS Real Estate (VSRE)Brokerage
Blake Baird

Blake Baird

Terreno Realty Corporation

Landlord

$2B

vol

55 deals

Landlord
Terreno Realty Corporation
Terreno Realty CorporationLandlord
AMBK Shipping
AMBK ShippingTenant

Doral Industrial Market Snapshot

Boundary boundary · Industrial · Lease transactions

Loading comparables…

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