TA Realty Acquires 505436 Square Foot Industrial Park In Opa Locka With CBRE As Brokers

The property asset involved in the transaction is the Ironwood Commerce Center, an industrial facility located at 12700 Northwest 42nd Avenue / 12700 Northwest LeJeune Road in Opa Locka. This asset encompasses a total square footage of 505,436, consisting of a four-warehouse industrial park that is 65% leased to six tenants.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not specified
• Address: 12700 Northwest 42nd Avenue / 12700 Northwest LeJeune Road
• Market: Opa Locka
• Square Footage: 505,436
• Buyer: Jim Buckingham & Michael R. Haggerty - TA Realty
• Broker: Daniel Sarmiento, Frank Fallon, Gabriel Braun, Jose Lobon, Royce Rose & Trey Barry - CBRE

TA Realty acquired the Ironwood Commerce Center with the transaction facilitated by CBRE National Partners. The brokers emphasized the property’s modern specifications and its strategic location in North Central Dade, which provides access to major highways and coastal demographics.