Updated Jul 7, 2026
SOLDIndustrial
17707 Northwest Miami Court
17707 Northwest Miami Court
$51,000,000
Building Size
—
Asset Type
Industrial
Closing
Jun 25, 2026
About this deal
AI
The transaction involved an industrial property located at 17707 Northwest Miami Court in Miami. CenterPoint Properties sold this asset to Waste Connections US Inc. for a total of $51 million, reflecting the ongoing demand for industrial and logistics sites in the region.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $51,000,000
- Buyer: Ronald J. Mittelstaedt - Waste Connections US Inc.
- Seller: Jim Clewlow - CenterPoint Properties
- Date of Sale: 06/25/2026
This transaction showcases the roles of both key individuals, with Ronald J. Mittelstaedt representing Waste Connections US Inc. and Jim Clewlow representing CenterPoint Properties in the deal, thus facilitating the exchange of this industrial asset.
On the Map
$51,000,000
Industrial
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Players
Miami Industrial Market Snapshot
Boundary boundary · Industrial · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93