Updated Oct 29, 2024
Daytona US Partnership LP Acquires Industrial Asset In Doral For $44M
11300 Northwest 25th Street, Doral, FL, USA
$44,000,000
$287/SF
Building Size
153,000 SF
Asset Type
Industrial
Closing
Jan 13, 2020
About this deal
AI
An industrial property located at 11300 Northwest 25th Street in Doral has been sold for $44,000,000. The property spans 153,000 square feet and was acquired by Daytona US Partnership LP. The seller in this transaction was Telefonica, represented by José María Álvarez-Pallete López. The property is situated in the market of Doral, Florida.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $44,000,000
- Address: 11300 Northwest 25th Street
- Market: Doral
- Buyer: Daytona US Partnership LP
- Seller: Telefonica - José María Álvarez-Pallete López
- Square Footage: 153,000
- Price Per Square Foot: $288
The buyer, Daytona US Partnership LP, has successfully acquired this industrial property from Telefonica, with José María Álvarez-Pallete López representing the seller. This transaction marks a significant deal in the industrial real estate sector in Doral, Florida.
Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.36%
Cash-on-Cash
-0.10%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93