Updated Nov 24, 2025
Foundry Commercial Acquires Industrial Property In Doral For $18M With Ted Elam As Buyer's Rep
9300 Northwest 13th Street, Doral, FL, USA
$18,000,000
$122/SF
Building Size
147,000 SF
Asset Type
Industrial
Closing
Aug 5, 2020
About this deal
AI
The industrial property located at 9300-9380 Northwest 13th Street in Doral has been sold. The transaction was completed on 08/05/2021 for a sale price of $18,000,000. The property spans approximately 147,000 square feet, resulting in a price per square foot of $122. The seller in this deal was Ernesto Fabre.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $18,000,000
- Address: 9300-9380 Northwest 13th Street, Doral
- Market: Doral
Foundry Commercial represented by Ted Elam, along with HighBrook Investors, acted as the buyer in this transaction. They were assisted by their broker representative, Ted Elam. Noted Rep: Ted Elam - Foundry Commercial.
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
0.88%
Cash-on-Cash
-0.25%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93