Brookfield Properties Acquires 115,477-SF Industrial Property In Doral From USA Bouquet Co. For $16M

Brookfield Properties has acquired a 6.5-acre industrial property located at 1500 Northwest 95th Avenue in Doral, Florida. The property was sold by USA Bouquet Co. for a total of $16 million. It features a total square footage of 115,477 and a price per square foot of $139. The property is situated near the Miami International Airport and serves as the headquarters of the flower company, offering 75,000 square feet of cold-storage space and 12 loading docks.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $16,000,000
• Acres: 6.5
• Address: 1500 Northwest 95th Avenue, Doral
• Market: Doral
• Buyer: Brookfield Properties
• Seller: USA Bouquet Co. - Edgar Lozano
• SF: 115,477
• PPSF: $139

The acquisition of the industrial property in Doral was completed by Brookfield Properties. The deal involved USA Bouquet Co. as the seller, represented by Edgar Lozano. This transaction further strengthens Brookfield Properties' presence in the industrial market and solidifies their portfolio in the Doral area.