Commercial real estate in the Miami Gardens area has been active of late. Consider a few transactions this year.
Concorde Group Holdings sold a couple of commercial buildings near Miami Gardens for just under $20 million, which was a 61 percent increase from the last sale price of the properties in 2016. These were 139,495-square-foot buildings located at 900 and 1000 Park Centre Boulevard.
Also, the behemoth Blackstone purchased two Miami Gardens industrial properties for $14 million, adding to its burgeoning South Florida portfolio. This was a combined 122,078-square-foot industrial site located at 5120 Northwest 165th Street. These are in the Palmetto Lakes Industrial Park.
A near acre industrial redevelopment site trades in the Sunshine State Park area sold. The buyer's broker, James Hawkins of The Keyes Company Commercial Division, pursued this 40,000 square-foot unlisted property on NW 13th Avenue for his buyer.
Finally, Dalfen Industrial acquired Amazon-leased Golden Glades Fulfillment Center, a 201,491-square-foot multi-tenant industrial building located within the city limits of Miami Gardens.
This is but a small sampling of commercial property sales that have taken place in Miami Gardens, Florida in recent months. There are developments on the horizon, and surely more interesting trades to follow.
