Dalfen Industrial Expands with Miami Gardens, Florida, Fulfillment Center
03/06/2019
The property is strategically positioned less than 2 miles from the Florida Turnpike and in a centralized location along the Interstate-95 corridor halfway between both Miami and Fort Lauderdale's sea and air ports.
Currently at 100% occupancy, major tenants include Packaging Corporation of America and Amazon, among others. The facility is a proven "last mile" distribution location, with a population of close to 1.6 million residents living within a 10 mile radius.
"The property's exceptional location, the unique features of the building and the fact that the Miami market has some of the highest barriers to entry of any location in the country, were all critical factors in our decision to acquire the asset," says Sean Dalfen, President & CIO at Dalfen Industrial.
He added "This acquisition is a prime example of Dalfen's strategy of buying top quality last-mile oriented industrial assets. Amazon's utilization of the facility to deliver on average 20,000 packages a day exemplifies this site's functionality and ideal positioning in the market," he adds.
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