The Easton Group Sells Doral Warehouse for $6.895M

21,890-square-foot building located in Westport Corporate Park

The Easton Group arranged the sale of a 21,890-square-foot warehouse/distribution facility in Doral just off 107th Avenue, north of the Florida Turnpike.

Andrew Easton and Michael Foxwell of Easton represented the seller, PL Developments, a manufacturer and distributor of over-the-counter (OTC) pharmaceuticals and consumer healthcare goods.  Vivian Gonzalez of Cushman & Wakefield represented the buyer, Florida Baby Food, which paid $6.895 million for the property.   PL Developments relocated to a larger facility in Miami-Dade.

Located at 10655 NW 29th Terrace, within the Westport Corporate Park, the climate-controlled industrial facility was built in 1996 and features 24-foot clear height, three dock-height doors, and one ramp door.

“We continue to see robust demand for well-located industrial facilities in Miami-Dade County,” Easton said. “We were able to get a very good price for this property as the supply of product remains tight.”

About The Easton Group:

The Easton Group is a family-owned commercial real estate firm with three generations of Eastons working in the business. Based at International Corporate Park in Doral, The Easton Group is vertically integrated with investment, development, brokerage and property management services primarily focused on the office/industrial markets. Chairman Edward W. Easton founded the company nearly 50 years ago, and today it controls a portfolio of approximately five-million square feet in Miami-Dade County.  For more information log on to www.theeastongroup.com.