Bridge Industrial has acquired an industrial property in Hialeah, FL for a total sale price of $26,250,000. The property, located at 16175 NW 49th Avenue & 16250 NW 48th Avenue, spans across 269,832 square feet of land with a total acreage of 6.2. The asset consists of two industrial facilities, one with an area of 91,628 square feet and the other with 27,044 square feet. Constructed in 1990, the buildings feature a clear height of 22' throughout, with some sections reaching up to 30'. The facilities offer ample dock space and 200 car parking stalls, with the possibility to expand to accommodate 275 stalls. This transaction was brokered by Robert Comunale from Industrial Group Realty, representing the seller, Sunway Holdings, and Jose Sasson & Roberto Susi from Axiom Capital Advisors, representing the buyer, Bridge Industrial.

Summary of transation details

• Property Type: Industrial
• Transaction Amount: $26,250,000
• Address: 16175 NW 49th Avenue & 16250 NW 48th Avenue, Hialeah, FL
• Market: Hialeah, FL

Bridge Industrial's representative, Cory Welper, played a crucial role in the acquisition. The seller, Sunway Holdings, was represented by Uri Murad. Additionally, Jose Sasson and Roberto Susi from Axiom Capital Advisors provided their expertise as the buyer's representatives. It is worth noting that the property presents a promising opportunity, situated just north of Bridge's successful, master-planned development Bridge Point AVE and the planned development Bridge Point Gratigny.

If you are interested in similar off-market transactions, you can reach out to Jose Sasson at 786-393-8089 or [email protected], as Axiom Capital Advisors specializes in sourcing and facilitating such deals.