Updated Sep 30, 2025
Brookfield Properties Acquires Industrial Property In Doral For $26.3M
1900 Northwest 92nd Avenue, Doral, FL, USA
$26,300,000
$181/SF
Building Size
145,260 SF
Asset Type
Industrial
Closing
Jun 20, 2021
About this deal
AI
Brookfield Properties has acquired an industrial property located at 1900 NW 92nd Avenue in Doral. The transaction, which took place off market, involved the sale of a 145,260 square foot asset. The property was sold by Bristol Group, Inc. for a total price of $26,300,000, resulting in a price per square foot of $181.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $26,300,000
- Date: 06/21/2021
- Address: 1900 NW 92nd Avenue, Doral
- Market: Doral
The buyer, Brookfield Properties, was represented by Larry Genet, Tom O'Loughlin, Jake Zebede, Chris Lee, and Jose Lobon from CBRE. Larry Genet can be contacted at 305.807.0004 or [email protected]. The completion of this off market transaction has been met with excitement by the brokers involved.
On the Map
$26,300,000
$181/SF
Industrial
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Players
Doral 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
0.60%
Cash-on-Cash
-0.17%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93