SVF Snags $23M Miami-Area Flex Campus

The Cushman & Wakefield Capital Markets team, along with two leasing partners, negotiated the sale of Transal Park, a six-property campus that was 88 percent leased at the time of sale.

Cushman & Wakefield has negotiated the sale of a six-building flex campus in Miami-Dade County, on behalf of the seller. SVF Acquisitions LLC bought the property for $22.8 million.

Situated on 10.4 acres at 8200-8290 NW 27th St. in Doral, Fla., the 88 percent occupied Transal Park comprises 134,175 square feet across the six one-story buildings. The assets feature flexible bays with a combination of direct-access front office and rear warehouse with grade-level entries to truck courts. Additional features include tenant signage, a restaurant, on-site security and a parking ratio of 3.6 spaces per 1,000 rentable square feet. Notable tenants include United States Medical, Office Bargain Center, Miami Vet Center, South Florida Health Management, Encore Optical and Doral Digital Reprographics. The campus is within close proximity to the Palmetto Expressway and Miami International Airport…

SVF Snags $23M Miami-Area Flex Campus

Categories : Finance

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