12600 NW 107 Avenue - Medley, FL

Date: March 2013
Address: 12600 NW 107 Avenue
City: Medley
Sq. Ft: 50,000
Price: $5,100,000

Price Per Sq. Ft: $106
Year Built: 2001
Buyer: Terreno Realty Corp
Seller: LMS Realty LLC

Transaction Details: LMS Realty recently sold its Medley warehouse to Terrano Realty Corp.  Caribtrans was occupying warehouse.  Caribtrans has been transporting goods to the Caribbean since 1985.

The Medley warehouse is +/-50,000 sq. ft., comprised of +/-11,800 sq. ft. of office space. It has 30 dock high loading doors, 25′ ceilings, and is on about 5.5 acres of land.  The extra land is an added feature for future expansion or be used in the short term for parking vehicles or storing equipment.

Per Terrano Realty Corporations website “Terrano acquires, owns and operates industrial real estate in six major U.S. coastal markets”, Miami being one of them.