Exeter Property Group Acquires Industrial Asset In Miami Gardens For $13.45M

Exeter Property Group, represented by Ward Fitzgerald, has acquired an industrial property in Miami Gardens. The property, located at 16295 NW 52nd Ave., was sold by K2 Aluminum LLC, represented by Manuel Kronfle. The transaction took place on April 30, 2021.

Summary of transaction details

• Property Type: Industrial
• Transaction Amount: $13,450,000
• Square Footage: 103,397
• Price per Square Foot: $130
• Acres: 5.85
• Price per Acre: $2,299,145

Exeter Property Group, a real estate investment firm, made the acquisition with the guidance of Ward Fitzgerald as their representative. On the other side of the deal, K2 Aluminum LLC, a property company, had Manuel Kronfle as their representative. The industrial property, located in Miami Gardens, offers a total of 103,397 square feet of space and sits on 5.85 acres of land.