(Read more on the industrial market.)
MIAMI-Locally based Costex Corp. has acquired 17 acres of landat 5800 NW 74th Ave. for $21 million, or $28 per sf. Along with thebuy, Costex plan to build 200,000 sf of distribution warehousespace on the site.
The property contains a 20,000-sf office and 50,000-sf warehousethat used to be owned by Farm Stores. Costex, whose principals areGilberto and Teresa Uribe, plans to keep the existing buildings inaddition to building the new space.
Continue Reading for Free
Register and gain access to:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
*May exclude premium content
Already have an account?
Sign In Now
© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
