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Casal Group Brokers Sale of 600K-SF Warehouse in Miami’s Airport West Submarket

Casal Group arranged the sale of a 600,000-square-foot warehouse in Miami’s Airport West submarket. The sales price was not disclosed. The sale was the largest in Miami’s Airport West submarket this year.

Located at 3400 NW 74th Ave., the facility is located just west of the cargo entrance of Miami International Airport, and is fully leased to five tenants, including UPS. The facility serves as a major perishable cold storage hub.

Ernesto Casal of Casal Group represented both the buyer, a subsidiary of Brookfield Asset Management, as well as the seller, Micap18, in the transaction.

For comments, questions or concerns, please contact David Cohen

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About David Cohen

David Cohen is Southeast Editorial Director at Connect Commercial Real Estate. David is a media veteran with more than 10 years of experience in journalism, copywriting and communications across a variety of roles. He is responsible for covering commercial real estate news and trends in the Southeast, Florida, Washington D.C. and Boston at Connect CRE as well as specializing in the Student Housing sector. Prior to joining Connect, David was the editor of Northeast Real Estate Business magazine and Student Housing Business magazine at France Media as well as spending time freelancing for ESPN and the Associated Press in the fast-paced field of live sports event production. He is also an owner and investor in multifamily real estate in Atlanta, GA. David currently resides in Atlanta and graduated from the College of Communication & Information at the University of Tennessee Knoxville.

  • ◦Sale/Acquisition