In a continuation of its South Florida industrial real estate shopping spree, Seagis Property Group scooped up a former manufacturing facility near Miami Gardens for $8 million. Seagis bought the nearly 60,000 Sqft warehouse at 255 Northeast 181st Street from an affiliate of Intima, a wholesaler of bedding, according to broker Jonathan Salk of ZYX Capital, LLC, who represented the buyer and seller.
The building was constructed in 1971 across 2.6 acres, property records show. Seagis had been pursuing the property for more than two years and leased the space prior to closing. With this purchase, Conshohocken, Pennsylvania-based Seagis now has a South Florida industrial portfolio of 109 buildings and more than 5.6 million square feet, according to the release. The company’s total portfolio spans more than 12 million square feet with buildings in New York and New Jersey, according to its website.
Comments