Prologis sells two Miami Dade warehouses

12 March 2015

Prologis has sold two business parks in Miami-Dade and Broward to an affiliate of IndCor Properties for a combined $77.8 million. The San Francisco based company sold its Countyline Business Center in Miramar for $59.5 million. The 28 acre site which last traded for $26 million in 2014 has a combined 110,000 square feet of office space and 251,669 square feet of warehouse space.

Prologis also sold 3 industrial warehouses in Miami-Dade to IndCor for $18.3 million. The nine acre site located at 8925 Northwest 27th Street and 2610 to 2650 Northwest 89th Court in Doral last traded for $12.5 million in 2004.

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