Wednesday, August 1, 2018

HFF announces sale of 3 buildings within Countyline Corporate Park in Miami, FL

Countyline Corporate Park, Miami, FL         Photo by Raul Pedroso
Luis Castillo
MIAMI, FL –– Holliday Fenoglio Fowler, L.P. (HFF) announces the sale of three newly constructed, fully-leased, Class A, trophy industrial buildings in Countyline Corporate Park totaling approximately one million square feet in the Miami MSA.

HFF marketed the property on behalf of the seller, Flagler Global Logistics, a wholly-owned subsidiary of Florida East Coast Industries, LLC (FECI).  Duke Realty Corporation purchased the asset free and clear of existing debt.

Countyline Corporate Park is Miami-Dade County’s newest master-planned business park and will ultimately contain up to eight million square feet of commercial space within approximately 500 acres. 

Adam Herrin
Countyline Corporate Park enjoys a strategic location bordering Florida’s two largest counties and offers convenient access to the region’s principal highway systems to connect with 83 percent of South Florida’s population within a 60-minute drive. 

Combined with its state-of-the art industrial design, highly functional improvements and business park setting, Countyline Corporate Park was the ideal choice for tenants like KLX Aerospace., CGI Windows & Doors, Hyde Shipping and others, which fully pre-leased the three buildings prior to completion.

The HFF investment advisory team representing the seller included managing directors Luis Castillo and Adam Herrin, executive managing director Manny de Zárraga, senior managing directors Rusty Tamlyn and Coleman Benedict and director Tracey Goo.

Tracey Goo

“Investor interest for industrial properties in South Florida remains exceptionally high, and savvy investors like Duke Realty are strategically pursuing opportunities to build scale in gateway markets with strong long-term growth potential like Miami,” Castillo said. 

Manny de Zarraga
“Flagler successfully executed its business plan for the first three buildings within this world-class business park, and we are honored to have represented one of the preeminent developers in our market on this assignment.”

HFF is a top-producing capital markets intermediary in the country for industrial assets, having closed more than $41 billion in over 2,225 transactions since 1998. 

 The firm has experience in securing transactions for all types of industrial assets, including bulk warehouse, flex, R&D, manufacturing, cold storage and telecommunications.

Flagler Global Logistics is one of Florida’s oldest and largest full-service commercial real estate and development companies. 

Rusty Tamlyn
Headquartered in Miami, Florida, Flagler has a rich history dating back over a century.  Mr. Henry Flagler first established a predecessor company in 1892, which became a pioneer in the development of Florida's eastern coast. 

 Flagler is a wholly-owned subsidiary of Florida East Coast Industries, LLC, which is owned by private equity funds managed by affiliates of Fortress Investment Group, LLC.  For more information, visit

Duke Realty Corporation owns and operates approximately 149 million rentable square feet of industrial assets in 20 major U.S. metropolitan areas.

 Duke Realty Corporation is publicly traded on the NYSE under the symbol DRE and is listed on the S&P 500 Index. More information about Duke Realty Corporation is available at

HFF and its affiliates operate out of 26 offices and are a leading provider of commercial real estate and capital markets services to the global commercial real estate industry. 

Coleman Benedict
HFF, together with its affiliates, offers clients a fully integrated capital markets platform, including debt placement, investment advisory, equity placement, funds marketing, M&A and corporate advisory, loan sales and loan servicing. 

HFF, HFF Real Estate Limited, HFF Securities L.P. and HFF Securities Limited are owned by HFF, Inc. (NYSE: HF).  For more information, please visit hfflp.comor follow HFF on Twitter @HFF.

For more information, please contact:

HFF Digital Content/Public Relations Specialist
(713) 852-3420

HFF announces sale of 37.94 acres within Charlotte’s University Research Park

Hunter Barron

CHARLOTTE, NC –– HFF announces the sale of a 37.94-acre land site within University Research Park in Charlotte, North Carolina.

 The HFF team marketed the property on behalf of the seller, Crescent Communities.  Mattamy Homes purchased the site free and clear of existing financing.

 The property is located along Governor Hunt Road to the east of Interstate 85 in the 3.5 million-square-foot University Research Park, which is the region’s second largest employment center and home to some of the region’s fastest-growing financial services, energy, technology and healthcare employers. 

Sarah  Godwin

The property was rezoned for residential use prior to sale, and the new owner plans to develop a townhome community on the site.

 The HFF investment advisory team representing the seller consisted of senior director Hunter Barron, director Sarah Godwin and managing director Justin Good.

Crescent Communities is a nationally recognized, market-leading real estate company specializing in the development and sale of single-family, multifamily and commercial / mixed-use communities. 

  The company creates high-quality, differentiated communities in desirable locations in many of the fastest growing markets in the Southeast and Southwest. 

Justin Good
Crescent’s development portfolio includes more than 60 single-family, master planned communities, over 32 multifamily communities and more than 20 million square feet of commercial space. 

 Its single-family home business operates as Fielding Homes and its multifamily communities are branded Novel by Crescent Communities.  

Mattamy Homes is the largest privately owned homebuilder in North America, with a 40-year history of operations across the United States andCanada.  

Every year, Mattamy helps 7,000 families realize their dream of home ownership.  In the United States, the company is represented in 10 markets – Charlotte, RaleighPhoenixTucsonJacksonvilleOrlando (where its U.S. head office is located), TampaSarasotaNaples andSoutheast Florida – and in Canada, those communities stretch across the Greater Toronto Area, as well as in OttawaCalgary and Edmonton.  

  For more information, please contact:


HFF Public Relations Specialist
(713) 852-3500