MIAMI—SanPer Industrial Park, a 46-unitindustrial park located in the Doral/Airport Westarea, has a new owner. Swezy Realty of Miami Lakespurchased the industrial asset fromSan-Per Investments of Miami for $9.25million.

CBRE's Private Capital Group arranged the saleof 39 small-bay warehouse condominium units spanning 162,515 squarefeet. The industrial park is located at 4709-4797 NW 72nd Avenue inMiami. CBRE represented the buyer and the seller. AlexNuñez of Nuñez and Partners also advisedthe seller.

“Despite the fractured condo nature of the offering, themarketing effort attracted strong interest from a wide range ofprimarily private buyers, and to a more limited extent,institutional ones, who were drawn to the property's critical mass,strategic airport market location and upside through rental rateappreciation and/or condo exit,” says CBRE associate MiguelAlcivar. “Despite receiving higher offers, ownershipultimately selected Swezy Realty as buyer because of their localindustrial experience and ability to close quicklyand with certainty.”

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