The Manalapan, FL-based development company could begin sitework within the next 60 days on the 178-acre site along Red Road onthe west side of the commercial airport.

Details about the financing negotiations are unavailable, butofficials with the Miami-Dade County Aviation Department and Grubb& Ellis, confirm to GlobeSt.com the principal parties are neara deal.

"We have a dozen or so lenders chasing the project," says RafaelVillamizar, a Grubb & Ellis senior associate who is marketingthe project along with Eric Person, a senior vice president.

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