Updated Dec 4, 2024
CenterPoint Properties Trust Acquires Industrial Property In Hialeah From Flagler Global Logistics For $184M
4210 West 108th Street, Hialeah, FL, USA
$184,000,000
Building Size
—
Asset Type
Industrial
Closing
Jan 5, 2021
About this deal
AI
The industrial property located at 4210 & 4040 W. 108th Street in Hialeah has been sold for a price of $184,000,000. The transaction took place on January 6, 2021, and the buyer is CenterPoint Properties Trust represented by Bob Chapman. The seller of the property is Flagler Global Logistics.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $184,000,000
- Address: 4210 & 4040 W. 108th Street, Hialeah
- Market: Hialeah
Bob Chapman, representing CenterPoint Properties Trust, played a significant role as the buyer in the deal. On the other side, Flagler Global Logistics acted as the seller in the transaction.
On the Map
$184,000,000
Industrial
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Hialeah 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
0.09%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93