Miguel Juliao Of Interglass Acquires 4.1 Acre Industrial Property In Miami For $15M

An industrial outdoor storage property spanning 4.1 acres was sold at 5000 Northwest 72nd Avenue, Miami, FL. The transaction was completed for $15 million, which is an increase from the property’s previous sale price of $12.15 million in 2023. J.P. Morgan Chase provided a mortgage of $9.75 million for this acquisition.

Summary of transaction details:

• Property Type: Industrial
• Transaction Amount: $15,000,000
• Buyer: Miguel Juliao - Interglass
• Seller: Daniel Laub - Zenith Industrial Outdoor Storage
• Broker Representatives: Eric Gonzalez & Ari Dispenza - Central Commercial Real Estate
• Lender: J.P. Morgan Chase

Juliao Miami LLC, affiliated with glass and hardware distributor Interglass, completed the purchase from Zenith Industrial Outdoor Storage, indicating a strategic acquisition for future operations within the industrial sector.