Wednesday, May 24, 2017

Affiliate of The Easton Group Buys Newly Constructed Warehouse in Doral, FL for $21.8 million

Edward W. Easton

 Doral, FL— An affiliate of The Easton Group, an established commercial real estate firm based in Doral,  has acquired a new, 182, 000 square foot warehouse/distribution facility in west Miami-Dade County.   

EWE Airport North Logistics Center, LLC paid $21.846 million in cash to the seller, Ridge Development, which recently built the Class A facility. 

The Easton Group, which is handling leasing and management, is currently talking with potential tenants and expects to make an announcement about that soon.    

“This was an opportunity to add a quality asset to our portfolio at a time when industrial real estate continues to fire on all cylinders,” said Edward W. Easton, founder and chairman of The Easton Group. “We still see huge tenant demand for new construction in desirable locations like this one.  As a result, we believe we can secure top-of-the-market rental rates with some room to grow.”

The distribution facility is located on 10 acres at the corner of 87th Avenue and 90th Street west of the Palmetto Expressway with easy access to Miami International Airport and Port Miami.

For a complete copy of the company’s news release, please contact:

Todd Templin
Boardroom Communications


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