Bridge Industrial Acquires Hialeah Property From Sunway Holdings LLC With Jose Sasson Lerner As The Broker

The property involved in this transaction is located at 16250 NW 48th Ave, Hialeah, FL, 33014, within the Miami Lakes market. The asset consists of industrial facilities totaling 123,814 square feet, situated on a 6.2-acre site. The property features a second building at the same address with a 27,873-square-foot facility that has a 20' clear ceiling height.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: Not disclosed
• Buyer: Bridge Industrial
• Seller: Sunway Holdings, LLC
• Buyer's Rep: Jose Sasson Lerner, AXIOM Capital Advisors
• Seller's Rep: Robert Comunale, President of Industrial Group Realty, Inc.
• Location: 16250 NW 48th Avenue, Hialeah, FL 33014
• Site size: 6.2 acres

Bridge Industrial, represented by Jose Sasson from Axiom Capital Advisors, plans to implement a multi-million-dollar capital improvement program on the property. Key individuals involved include Cory Welper, Director of Acquisitions at Bridge, and Kevin Carroll, Partner in the Southeast Region, who highlighted the strategic value of the acquisition within the submarket.