87th Avenue

Market: South Florida
This speculative land acquisition in Miami turned into a long-term build-to-suit for a multinational food, snack, and beverage company during our due diligence process. This highly complex land position involved a major roadway connection in addition to many other hurdles. In the end, this 155,136 square foot state-of-the art logistics facility includes a 32 foot clear height, 21 dock doors that are fully equipped to the tenant’s specifications, and trailer storage, which is a rare attribute for such an infill location, particularly in South Florida. The building is strategically located in the Medley submarket, with excellent access to the Palmetto Expressway, the Florida Turnpike, and Miami International Airport.
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Details

StrategyValue
Number of Buildings1
Square Footage155,136
Loading ConfigurationRear load
Year Built2019
Clear Height32'
The case studies presented herein are presented for informational purposes only. A full list of all investments made by Cabot during the past 12 months will be provided upon request. It should not be assumed that the recommendations made in the future will be profitable or will equal the performance of the investment presented herein.