Nate Jorgensen Of Pro Industrial Represents Boise Cascade In Lease At 7000 Northwest 32nd Avenue
7000 Northwest 32nd Avenue
Building Size
162,119 SF
Asset Type
Industrial
Closing
Mar 25, 2025
AI
The property asset involved in this transaction is an industrial space located at 7000 Northwest 32nd Avenue in Miami. The total square footage of the property is 162,119 square feet, facilitating various industrial activities within a significant market area.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: Not disclosed
- Address: 7000 Northwest 32nd Avenue
- Market: Miami
- Square Feet: 162,119.0
- Tenant: Nate Jorgensen - Boise Cascade; CozyDays
- Landlord: Bob Chapman & Jonathan Guffey - CenterPoint Properties
- Tenant's Representatives: Will Falero - Pro Industrial; Ken Morris - JLL; Sky Groden - JLL
- Landlord's Representatives: Wayne Ramoski - Cushman & Wakefield; Ivanna Leitner Perez - Cushman & Wakefield; Skylar Stein - Cushman & Wakefield
This transaction involved key stakeholders representing both tenant and landlord interests. The tenant was represented by Will Falero from Pro Industrial alongside Ken Morris and Sky Groden from JLL. The landlord, CenterPoint Properties, was represented by Wayne Ramoski, Ivanna Leitner Perez, and Skylar Stein, all of Cushman & Wakefield.
Players
Miami 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