An industrial property located at 7000 Northwest 60th Street in Medley, consisting of 8.4 acres and a building with a square footage of 27,372, was sold for $19,000,000. The price per square foot amounts to $694.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $19,000,000
• Buyer: William T. "Bill" Cassels, Jr - Southeastern Freight Lines
• Seller: Rob Estes - Estes Express Lines
• Sale Date: 04/10/2025

William T. "Bill" Cassels, Jr. represented Southeastern Freight Lines in the acquisition, while Rob Estes represented Estes Express Lines in the sale. The transaction follows a recent deal where Southeastern sold a separate warehouse in Medley to Estes for the same amount of $19,000,000, suggesting a strategic expansion of Southeastern's operations near its existing facilities.