{"id":5735,"date":"2020-04-16T13:44:43","date_gmt":"2020-04-16T17:44:43","guid":{"rendered":"https:\/\/www.lee-associates.com\/miami\/?p=5735"},"modified":"2023-01-25T15:30:09","modified_gmt":"2023-01-25T20:30:09","slug":"lee-associates-south-florida-announces-sale-of-industrial-warehouse-at-gratigny-pkwy-in-opa-locka-for-2-85mm","status":"publish","type":"post","link":"https:\/\/www.lee-associates.com\/southflorida\/2020\/04\/16\/lee-associates-south-florida-announces-sale-of-industrial-warehouse-at-gratigny-pkwy-in-opa-locka-for-2-85mm\/","title":{"rendered":"Lee & Associates South Florida Announces Sale of Industrial Warehouse at Gratigny Pkwy in Opa-Locka for $2.85MM"},"content":{"rendered":"
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\n\t\t\"Gratigny\n\t<\/div>\n\n

Gratigny Industrial Warehouse | 4600 NW 128th Street, Opa-Locka, FL<\/h3><\/div><\/div>
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Lee & Associates South Florida Announces Sale of Industrial Warehouse at Gratigny Pkwy in Opa-Locka for $2.85MM<\/h3>\n
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MIAMI, Florida\u2014April 16, 2020\u2014Lee & Associates South Florida proudly announces the sale of a 22,620 square foot Industrial Warehouse located at 4600 NW 128th<\/sup> Street in Opa-Locka, Florida, located just 1 mile southwest of the brand new 850,000 square foot Amazon Mega Distribution Center. The property closed on April 10th<\/sup>, 2020 at $2.85MM with the highest price per square foot in the area at $125.99 per square foot.<\/p>\n

The property consists of a total of 32,897 square foot usable warehouse and office space that includes about 10,277 square feet of mezzanine space and approximately 3,462 square feet of office build out. The facility offers front and rear loading including 6 dock height doors, 1 drive-in, a truck court, 21' clear ceiling height, and 2 freight elevators. The warehouse is situated on 1.15 acres directly backing the high-trafficked Gratigny Parkway with 145\u2019 exposure to over 56,000 vehicles per day.<\/p>\n

Lee & Associates South Florida President, Matthew Rotolante<\/a>, and Vice President, Conner Milford<\/a>, represented both the seller, Brain Power Investments LLC, and buyer, Blue Ring Plastics LLC, a defense contractor for the U.S. Coast Guard and U.S. Armed Forces who will be using the facility to expand their Avionics operations. Within one month of marketing the property with Lee & Associates South Florida, the seller received multiple offers and went under contract shortly after with Blue Ring Plastics, LLC. After assisting with multiple delays due to holiday closures and a COVID-19 financing reapplication process, Matthew and Conner successfully helped facilitate the sale and closing of the property on April 10th<\/sup>, 2020 for $2.85 Million.<\/p>\n

\"Matthew<\/a>

Matthew Rotolante
President
Lee & Associates<\/p><\/div>\n

\"Conner<\/a>

Conner Milford
Vice President
Lee & Associates<\/p><\/div>\n

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Media Features:<\/h3>\n
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Miami Herald:<\/strong> https:\/\/www.miamiherald.com\/news\/business\/real-estate-news\/article242058186.html<\/a><\/p>\n

CityBizList:<\/strong> http:\/\/southflorida.citybizlist.com\/article\/606146\/lee-associates-south-florida-announces-sale-of-industrial-warehouse-at-gratigny-pkwy-in-opa-locka-for-285m<\/a><\/p>\n

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About Lee & Associates | South Florida<\/u><\/strong><\/a><\/p>\n

Lee & Associates | South Florida is a full service commercial real estate brokerage firm providing the highest level of service to South Florida\u2019s diverse industrial, office, retail, multifamily, investment and land sectors. Our dedicated team of professionals is led by Matthew Rotolante, a 4th generation Miami native in a family that has owned and operated commercial property in the South Florida market since 1928. Our bilingual culture allows for open communications throughout the company, fostering collaboration and information sharing. In addition, the Lee & Associates\u2019 robust national network that sold and leased over $15 Billion in commercial real estate in 2018 offers clients a cross-market platform of services and expertise across all asset specialties and representation roles.<\/p>\n

About Lee & Associates<\/u><\/strong><\/a><\/p>\n

Lee & Associates is a commercial real estate brokerage, management and appraisal services firm. Established in 1979, Lee & Associates has grown its service platform to include offices\u00a0in the United States and Canada. Lee & Associates provides superior market intelligence in office, industrial, retail, investment and appraisal to meet the specialized needs of our clients. For the latest news from Lee & Associates, visit lee-associates.com<\/a> or follow us on Facebook<\/a>, LinkedIn<\/a>, Twitter<\/a> and Link<\/a>, our company blog.<\/p>\n<\/div>\n<\/div><\/div>

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\n\t\t\t\n\t\t\t\"Industrial\n\t\t\t<\/a><\/div>\n\n<\/div><\/div><\/div><\/div><\/div><\/div>","protected":false},"excerpt":{"rendered":"

MIAMI, Florida\u2014April 16, 2020\u2014Lee & Associates South Florida proudly announces the sale of a 22,620 square foot Industrial Warehouse located at 4600 NW 128th Street in Opa-Locka, Florida, located just 1 mile southwest of the brand new 850,000 square foot Amazon Mega Distribution Center. The property closed on April 10th, 2020 at $2.85MM with the highest price per square foot in the area at $125.99 per square foot. The property consists of a total of…<\/p>\n","protected":false},"author":76,"featured_media":6553,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1,105,2],"tags":[1825,172,1837,377,31,1824],"class_list":["post-5735","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-blog","category-industrial","category-press-releases","tag-citybiz","tag-conner-milford","tag-deals","tag-industrial-team","tag-matthew-rotolante","tag-miami-herald"],"yoast_head":"\nLee & Associates South Florida Announces Sale of Industrial Warehouse at Gratigny Pkwy in Opa-Locka for $2.85MM - Lee & Associates South Florida<\/title>\n<meta name=\"description\" content=\"Lee & Associates South Florida announces the sale of a 22,620 square foot Industrial Warehouse located at 4600 NW 128th Street in Opa-Locka for $2.85 MM.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, 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