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2601 Northwest 104th Court

John Begier Of Seagis Property Group Acquires Industrial Asset From German Valencia For $20.4M
SOLDIndustrial

John Begier Of Seagis Property Group Acquires Industrial Asset From German Valencia For $20.4M

2601 Northwest 104th Court

$20,400,000

$328/SF

Building Size

62,041 SF

Asset Type

Industrial

Closing

Sep 9, 2025

AI

The property involved in this transaction is an industrial asset located at 2601 Northwest 104th Court in Doral. The sale price for this asset was $20,400,000, with a total square footage of 62,041 square feet, resulting in a price per square foot of $328.

Summary of transaction details:

  • Property Type: Industrial
  • Transaction Amount: $20,400,000
  • Address: 2601 Northwest 104th Court
  • Market: Doral
  • Seller: German Valencia - Galleria Farms
  • Buyer: John Begier - Seagis Property Group
  • Broker: Hector Catano - Cornerstone International Realty

The transaction saw Hector Catano successfully connect the buyer, John Begier, with the seller, German Valencia, facilitating an advantageous sale leaseback investment opportunity. For those interested in income-producing properties or prospects for business use, further inquiries can be directed to the broker.

Players

Hector Catano

Cornerstone International Realty

Broker

$66.3M

vol

14 deals

Broker
Cornerstone International Realty
Cornerstone International RealtyBrokerage
John Begier

John Begier

Seagis Property Group

Buyer

$519.9M

vol

9 deals

Buyer
Seagis Property Group
Seagis Property GroupBuyer
Galleria Farms
Galleria FarmsSeller

Doral Industrial Market Snapshot

Boundary boundary · Industrial · Sale transactions

Loading comparables…

Purchase Price

Annual NOI

Loan Amount

Interest Rate (%)

Loan Term (yrs)

Down Payment (%)

Cap Rate

0.78%

Cash-on-Cash

-0.22%

Monthly Payment

$14,164

Annual Debt Svc

$169,964

Annual Cash Flow

$-11,334

DSCR

0.93