Josue Dimas De Melo Pimenta Of Blueteck Secures $16.75M Loan For Industrial Project In Doral

The property asset involved is an industrial site covering 3.48 acres located at 1501 Northwest 110th Avenue in Doral. A construction loan of $16,750,000 has been secured for the development of a 75,080-square-foot industrial/office project known as Flightway Twelve. This project will consist of two buildings designed to provide warehouse and office space that will be divided into small tenant bays.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $16,750,000
• Lender: Banco do Brasil Americas
• Landlord: Josue Dimas De Melo Pimenta
• Company: Blueteck
• Loan Type: Construction
• Market: Doral

This transaction involves Josue Dimas De Melo Pimenta representing the landlord, Blueteck, while securing financing from Banco do Brasil Americas for the construction of the Flightway Twelve development project. The deal highlights the collaboration between the lender and the landlord focused on enhancing industrial and office space offerings in the Doral market.