Seagis Property Group Acquires Warehouse In Doral For $15.6M

The industrial warehouse located at 3075 NW 107th Ave in Doral was recently sold for $15,600,000. The property spans 80,000 square feet and was purchased by Seagis Property Group from AllPlus Computer Systems Corp. The deal closed on December 14, 2021, with the sale price equivalent to $195.00 per square foot.

Summary of transaction details:

• Property Type: Warehouse
• Transaction Amount: $15,600,000.00
• Address: 3075 NW 107th Ave, Miami, FL, 33172
• Market: Doral
• Seller's Rep: Roger Zuniga, Stephen (Steve) J. DiGiacomo
• Buyer: Seagis Property Group
• SF: 80,000

Roger Zuniga and Stephen J. DiGiacomo, who negotiated the sale, represented AllPlus Computer Systems Corp in the transaction. Seagis Property Group did not have external representation during the deal. The lack of inventory of properties in this size range, coupled with the ongoing demand for e-commerce and distribution centers, made it an opportune time for AllPlus Computer Systems Corp to sell the warehouse. Interestingly, the free-standing facility was constructed in 1995 and last changed hands in February 2007 for $10,825,000. Zuniga and DiGiacomo also orchestrated a lease deal for AllPlus Computer Systems Corp before the sale, resulting in the company moving to a 28,000-square-foot space at 2105 NW 102 Ave in Doral under a 5-year lease agreement valued at $1,825,000.