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South Florida
February 19, 2019
February 19, 2019 - Conshohocken, PA – Seagis Property Group announced today that it has acquired two warehouses in Miami-Dade County.
The two fully leased properties were acquired in separate transactions and include a 32,000 square foot building at 8115 NW 74th Avenue in Medley and a 40,000 square foot facility at 10565 NW 132nd Street in Hialeah Gardens. These acquisitions increase the Company’s portfolio in South Florida to 94 buildings totaling 5.1 million square feet within Dade and Broward Counties.
“We are excited to add these highly functional, well-located properties to our South Florida portfolio as we continue to actively pursue growth in this global logistics hub” said Ronald Marrero, Vice President – Seagis Property Group.
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.