JLL Capital Markets brokers sale of the Quirch Foods' 178,000 SF cold storage warehouse at 7600 82nd Place in Miami, FL

 

Taylor Osborne.

 MIAMI, FL –  JLL Capital Markets handled the sale of the 178,428-square-foot cold storage facility located at 7600 NW 82^nd Place in Miami, Florida. JLL represented the seller in the sale to BGO. The price was not disclosed.

 Luis Castillo

Situated on 15 acres, the facility offers a 30-foot clear height, 29 loading docks, 236 parking spaces and 116,000 square feet of freezer space. The property is fully leased to Quirch Foods, an international food distribution company and one of America's Largest Private Companies (#132 Forbes).

Cody Brais

The facility offers seamless access to Florida’s Turnpike, US-27 and State Road 826 (the Palmetto Expressway) and is located near the Miami International Airport and the Port of Miami.

 

The JLL Investment Sales and Advisory team was led by Managing Director Luis Castillo, Senior Director Cody Brais and Associate Taylor Osborne.

"With an aging supply, high entry barriers and increased space requirements, the cold storage sector is experiencing remarkable growth," said Castillo.

“The specialized nature and high costs of developing state-of-the-art cold storage make existing facilities like this one highly sought after, resulting in a competitive, landlord-friendly market.”

SOLD: the 178,428-square-foot cold storage facility located
at 7600 NW 82^nd Place in Miami, FL

JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization.

The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.

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