Search Site
Acquisition
February 4, 2021
February 4th, 2021 - Conshohocken, PA – Seagis Property Group announced today that it has acquired a 54,400 square foot warehouse in Doral FL (Miami-Dade County). Seagis acquired the property located at 2101 NW 82nd Avenue in the Miami International Commerce Center with a short-term lease in place and is actively marketing the property for lease.
The acquisition increases the Company’s South Florida portfolio to 102 buildings totaling over 5.3 million square feet.
“This high-quality property is a great addition to our South Florida portfolio. The 100% air conditioned, freestanding building with a secured yard is one of the best located properties in the Airport West Submarket. The property has immediate access to NW 25th Street that provides a direct connection to the Miami International Airport cargo entrance and proximity to Route 826 and Route 836. Our company has been investing and operating in South Florida for 16 years and we are actively looking to add quality buildings similar to this asset to our portfolio” said Bradlee Lord, Director, who is based out of Seagis’ local office in South Florida.
Seagis Property Group LP (“Seagis”)
Seagis Property Group LP (“Seagis”) is a privately held industrial real estate owner and investor focused on the acquisition and development of properties located in logistically driven markets along the Eastern Seaboard. The company’s current portfolio spans more than 13 million square feet of space in New Jersey, New York, and South Florida. Seagis acquires stabilized core, core-plus, value-add, and development real estate for logistics use. Since its inception in 2005, Seagis has successfully acquired and developed more than 14.3 million square feet of industrial space. Seagis is headquartered in Conshohocken, Pennsylvania, located in suburban Philadelphia.