TA Realty Acquires Industrial Property In Medley, FL For $241M With Buyer's Rep James Buckingham & Seller DWS
9701 NW 91st Ct Medley, FL 33178, USA
$241,000,000
$241/SF
Building Size
1,000,000 SF
Asset Type
Industrial
Closing
Nov 23, 2022
AI
An industrial property located at 9701-9793 Northwest 91st Court in Medley has been sold for a total price of $241,000,000. The property spans 1,000,000 square feet, resulting in a price per square foot of $241. The transaction took place on 11/23/2022.
Summary of transaction details
- Property Type: Industrial
- Transaction Amount: $241,000,000
- Address: 9701-9793 Northwest 91st Court, Medley
- Market: Medley
- Buyer: TA Realty - James Buckingham
- Seller: DWS
- Brokers: José Lobón & Trey Barry - CBRE
Representing the buyer in this transaction was James Buckingham from TA Realty. The seller, DWS, enlisted the services of CBRE brokers José Lobón and Trey Barry. With this sale, the property has changed ownership, and the deal was successfully closed.
Players
Medley 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
0.07%
Cash-on-Cash
-0.02%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93