Dalfen Industrial Acquires 16.5 Acre Development Site In Hialeah For $26.4M

A development site in Hialeah has been sold for a price of $26,400,000. The property, located at NW 97th Ave. & NW 165th St, spans across 16.5 acres. The sale was facilitated by CBRE brokers Christian Lee, Jose Lobon, Amy Julian, and Royce Rose. The buyer of the property is Dalfen Industrial, while the seller is Butters Group.

Summary of Transaction Details:

• Property Type: Development Site
• Transaction Amount: $26,400,000
• Address: NW 97th Ave. & NW 165th St
• Market: Hialeah
• Asset Type: Development Site
• Acres: 16.5

The deal involved the participation of CBRE brokers Christian Lee, Jose Lobon, Amy Julian, and Royce Rose. They represented the respective parties in the transaction. The property's sale price of $26,400,000 corresponds to a building square footage (BSF) of 298,354. The price per building square footage (PPBSF) is $88.