Waste Connections Acquires Industrial Asset From Centerpoint Properties For $51 Million With Broker Representation
17707 Northwest Miami Court
$51,000,000
$13,470/SF
Building Size
3,786 SF
Asset Type
Industrial
Closing
Jun 25, 2026
AI
The asset involved in this transaction is an industrial property located at 17707 Northwest Miami Court in the Miami market. The sale price for the property was $51,000,000, and it encompasses 3,786 square feet, translating to a price per square foot of $13,470.
Summary of transaction details:
- Property Type: Industrial
- Transaction Amount: $51,000,000
- Address: 17707 Northwest Miami Court
- Market: Miami
- Square Footage: 3,786
- Price per Square Foot: $13,470
- Buyer: Waste Connections
- Seller: Centerpoint Properties
- Buyer's Representatives: Kyle Retamar, Samantha Melice & Chloe Pepitone - Sutter & Nugent
The transaction was facilitated by the buyer Waste Connections, with Kyle Retamar, Samantha Melice, and Chloe Pepitone from Sutter & Nugent representing them in the deal. Centerpoint Properties served as the seller of the industrial asset.
Players
Miami 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
0.31%
Cash-on-Cash
-0.09%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93