Sunshine Gasoline Distributors Acquires Warehouse In Hialeah For $18.2M

Located at 2185 West 76th Street in Hialeah, this industrial property spans 2.7 acres. The transaction involved Sunshine Gasoline Distributors, with Maximo Alvarez as the buyer, acquiring a 50,000-square-foot warehouse from Petroleum Equipment and Manufacturing Company for $18.2 million, equivalent to $364 per square foot.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $18,200,000
• Buyer: Maximo Alvarez - Sunshine Gasoline Distributors
• Seller: Petroleum Equipment and Manufacturing Company
• Market: Hialeah
• SF: 50,000
• PPSF: $364

Sunshine Gasoline Distributors augmented its storage capacity through this acquisition, solidifying its presence in the industrial sector in Hialeah. The deal was facilitated by Maximo Alvarez representing Sunshine Gasoline Distributors in the transaction.