(Read more on the industrial market.)
MIAMI-Boston-based TA Associates Realty has acquired twoindustrial buildings at 3510 NW 60th St. and 5959 NW 35th Ave. for$6.15 million. The building, 59,000 sf and 53,000 sf, are 100%occupied by Parts Depot Inc., a national distributor of caraccessories and parts.
The seller was AMG Properties Inc., which was represented bySteve Jones, of Industrial Group Realty. Cushman & Wakefieldsenior director Brian Smith represented the buyer. Smith tellsGlobeSt.com the seller had originally owned the Parts Depotbusiness, which it sold, but continued to own the property andremain as a landlord. "With cap rates down, the seller decided itwas a good time to sell the property," Smith says.
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