{"id":39,"date":"2018-09-19T20:33:38","date_gmt":"2018-09-20T00:33:38","guid":{"rendered":"https:\/\/www.lee-associates.com\/miami\/?p=39"},"modified":"2022-09-23T10:54:15","modified_gmt":"2022-09-23T14:54:15","slug":"ta-realty-pays-92m-for-industrial-portfolio-in-hialeah-gardens-and-medley","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/southflorida\/2018\/09\/19\/ta-realty-pays-92m-for-industrial-portfolio-in-hialeah-gardens-and-medley\/","title":{"rendered":"TA Realty Pays $92M For Industrial Portfolio In Hialeah Gardens And Medley"},"content":{"rendered":"<p><strong>TA Realty<\/strong>\u00a0just paid $92.25 million for a ten-parcel industrial portfolio in\u00a0<strong>Medley<\/strong>\u00a0and\u00a0<strong>Hialeah Gardens<\/strong>.\u00a0<strong>Miam<\/strong>i-based commercial real estate firm<strong>\u00a0Cofe Properties<\/strong>\u00a0sold the nearly 932,500-square-foot portfolio.<\/p>\n<p>Property records show\u00a0<strong>Cofe<\/strong>\u00a0bought the assemblage in 2013 for $48.3 million.<\/p>\n<p><a href=\"https:\/\/www.lee-associates.com\/southflorida\/2019\/05\/14\/demand-on-the-rise-for-class-a-industrial-development-in-homestead-fl\/\"><strong>South Florida<\/strong>\u2019s industrial market remains strong<\/a>, and\u00a0<strong>Hialeah<\/strong>\u00a0is among the top-performing submarkets. According to a recent<strong>\u00a0CBRE<\/strong>report, about half of all industrial transactions in\u00a0<strong>Miami-Dade County<\/strong>\u00a0in the\u00a0second quarter\u00a0took place in\u00a0<strong>Hialeah<\/strong>.<\/p>\n<p><strong>Cofe<\/strong>\u00a0and\u00a0<strong>TA Realty<\/strong>\u00a0have bought and sold from each other before. In January,\u00a0<strong>TA Realty<\/strong>\u00a0sold\u00a041 warehouses\u00a0totaling roughly 376,000 square feet for $32.5 million to\u00a0<strong>Cofe Properties<\/strong>. More recently,\u00a0<strong>Cofe<\/strong>\u00a0bought a six-building office park in\u00a0<strong>Kendall<\/strong>\u00a0for\u00a0$34.75 million\u00a0from<strong>\u00a0TA Realty<\/strong>.<\/p>\n<p>Earlier this year,\u00a0<strong>Duke Realty<\/strong>\u00a0paid\u00a0$180 million\u00a0for\u00a0<strong>Flagler Global Logistics\u2019 Countyline Corporate Park<\/strong>, an 8 million-square-foot industrial park on the northwest corner of Northwest 154th Street and and Northwest 97th Avenue, marking one of the biggest industrial sales in\u00a0<strong>Miami-Dade<\/strong>.<\/p>\n<p>&nbsp;<\/p>\n<p><em>Source:\u00a0<a href=\"https:\/\/therealdeal.com\/miami\/2018\/09\/13\/ta-realty-pays-92m-for-industrial-portfolio-in-hialeah-gardens-and-medley\/\">The Real Deal<\/a><\/em><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<p>Lee &amp; Associates has been observing and sharing information on trends in the Industrial Real Estate sector across the US since 1979. Lee &amp; Associates is a commercial real estate brokerage sales, leasing and management firm. Established in 1979, Lee &amp; Associates has grown its service platform to include over 75 offices\u00a0in the United States and Canada. Lee &amp; Associates is the largest agent owned commercial real estate brokerage where agents get the greatest return for their efforts and hence are more committed and better enabled to provide superior results for their customers. \u00a0For the latest news from Lee &amp; Associates, visit\u00a0<a href=\"http:\/\/www.lee-associates.com\/\">lee-associates.com<\/a>\u00a0or follow us on\u00a0<a href=\"https:\/\/www.facebook.com\/LeeAssociatesCRE\">Facebook<\/a>,\u00a0<a href=\"https:\/\/www.linkedin.com\/company\/lee-and-associates\">LinkedIn<\/a>,\u00a0<a href=\"https:\/\/twitter.com\/LeeAssociatesRE\">Twitter<\/a>\u00a0and\u00a0<a href=\"http:\/\/www.linkbylee.com\/\">Link<\/a>, our company blog.<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>TA Realty\u00a0just paid $92.25 million for a ten-parcel industrial portfolio in\u00a0Medley\u00a0and\u00a0Hialeah Gardens.\u00a0Miami-based commercial real estate firm\u00a0Cofe Properties\u00a0sold the nearly 932,500-square-foot portfolio. Property records show\u00a0Cofe\u00a0bought the assemblage in 2013 for $48.3 million. South Florida\u2019s industrial market remains strong, and\u00a0Hialeah\u00a0is among the top-performing submarkets. According to a recent\u00a0CBREreport, about half of all industrial transactions in\u00a0Miami-Dade County\u00a0in the\u00a0second quarter\u00a0took place in\u00a0Hialeah. Cofe\u00a0and\u00a0TA Realty\u00a0have bought and sold from each other before. In January,\u00a0TA Realty\u00a0sold\u00a041 warehouses\u00a0totaling roughly 376,000 square feet&#8230;<\/p>\n","protected":false},"author":76,"featured_media":40,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,105],"tags":[24,23,25,26,27],"class_list":["post-39","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-industrial","tag-cofe-properties","tag-flex-office-space","tag-hialeah-industrial-market","tag-medley","tag-ta-realty"],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.5 (Yoast SEO v28.5) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>TA Realty Pays $92M For Industrial Portfolio In Hialeah Gardens And Medley - Lee &amp; Associates South Florida<\/title>\n<meta name=\"description\" content=\"TA Realty\u00a0just paid $92.25 million for a ten-parcel industrial portfolio located in\u00a0Medley\u00a0and\u00a0Hialeah Gardens.\u00a0\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.lee-associates.com\/southflorida\/2018\/09\/19\/ta-realty-pays-92m-for-industrial-portfolio-in-hialeah-gardens-and-medley\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"TA Realty Pays $92M For Industrial Portfolio In Hialeah Gardens And Medley\" \/>\n<meta property=\"og:description\" content=\"TA Realty\u00a0just paid $92.25 million for a ten-parcel industrial portfolio located in\u00a0Medley\u00a0and\u00a0Hialeah Gardens.\u00a0\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.lee-associates.com\/southflorida\/2018\/09\/19\/ta-realty-pays-92m-for-industrial-portfolio-in-hialeah-gardens-and-medley\/\" \/>\n<meta property=\"og:site_name\" content=\"Lee &amp; 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