Old Dominion Freight Line Acquires Industrial Property From Seagis Property Group For $16.5M

The property involved in this transaction is an industrial asset located at 12800 Northwest 113th Court in Medley. The sale was completed for a total value of $16,500,000. The property encompasses a total square footage of 21,707, with a price per square foot of $760.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $16,500,000
• Address: 12800 Northwest 113th Court
• Market: Medley
• Seller: Seagis Property Group
• Buyer: Old Dominion Freight Line
• Broker: Patrick McBride - ComReal

Will McFarlin with Burr Tempkin represented the Buyer in this transaction. The ComReal Industrial Team has extensive experience, assisting business owners and investors in the South Florida market for over 40 years, showcasing their established relationships in the industry.