MIAMI-Principal Real Estate Investors has sold the Aventura Industrial Center, a two-building property situated at 320 N.E. 187th Street in Miami, for $18.7 million. Stockbridge is the buyer of the industrial buildings totaling 302,825 square feet. CBRE negotiated the deal on behalf of the seller. CBRE's South Florida team included David Albert Devin White, Jose Antonio Lobon, Charles Foschini, and Christian Lee.
The buildings are 100% rented to two tenants operating in the duty-free beverage and food distribution business. For the full story, go to South Florida Business Journal .
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