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7755 Northwest 41st Street

Terreno Realty Corporation Leases Industrial Space To Perishable Logistics Co In Doral For 10 Years
LEASEDIndustrial

Terreno Realty Corporation Leases Industrial Space To Perishable Logistics Co In Doral For 10 Years

7755 Northwest 41st Street

Building Size

116,634 SF

Asset Type

Industrial

Closing

Dec 21, 2025

AI

The property asset involved in this lease transaction is located at 7755 Northwest 41st Street in the Doral market. This industrial asset has a total square footage of approximately 116,634. The transaction is characterized by a long-term lease agreement.

Summary of transaction details:

The deal involves key individuals including Edison Vasquez, Michaela Senior, Patrick McBride, and Chris Spear, who represented the brokerage ComReal in the transaction. Their roles were instrumental in facilitating the agreement between Terreno Realty Corporation and Perishable Logistics Co.

Players

Chris Spear

ComReal

Broker

$136.2M

vol

11 deals

Broker
ComReal
ComRealBrokerage
Terreno Realty Corporation
Terreno Realty CorporationLandlord

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