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JLL Arranges $35M Sale of Industrial Development Site in Miami

JLL has arranged the $34.7 million sale of a 117-acre site within the Homestead Park of Commerce. The sale represents the largest industrial land sale recorded in Miami-Dade County over the past three years, according to JLL.

Located at SE 36 Avenue and SW 336th Street, the site is less than a mile from the newly announced 140,000-square-foot distribution center being developed by Hillwood Partners on the Homestead Miami Speedway property.

Brian Smith, Audley Bosch and Matt Maciag of JLL represented the seller, Sure Equity, in the transaction. Ed Redlich of ComReal represented the buyer, Copart USA. Copart USA will be occupying the entire acreage, which will be used to process vehicles in the event of a natural disaster.

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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