Hamilton plans office-to-industrial conversion in northwest Miami-Dade after $20M buy
In a sign of a lagging suburban office market in Miami-Dade County, Hamilton Development is planning to redevelop two distressed buildings into a pair of warehouses. An affiliate of Nashville-based Hamilton, led by Whitfield Hamilton, paid $20.4 million for an office building in the Flagler Station business park near Doral via a deed-in-lieu of foreclosure transaction, records and real estate database Vizzda show. Salt Lake City, Utah-based Bridge Investment Group sold the 126,224-square-foot building at 9725 Northwest 117th Avenue. Matthew McCormack with JLL brokered the deal. In May, Bridge Investment also sold to Hamilton a 124,227-square-foot office building at 10451 […]This article originally appeared on The Real Deal. Click here to read the full story.
Recent Posts
Hyperion scores more public subsidies for delayed Boynton Beach project
BGI Capital completes $41M West Palm Beach dev site acquisition
Griffis, MAP scoop up South Florida apartment properties – one trading at a discount
Claudio Fischer’s Brickell site scores $65M loan, but it’s under contract to sell
Meritage brings townhome plans to growing Wellington area
California’s calling: Are more billionaires on their way to South Florida?
South Florida’s top deals: Pompano Beach apartment complex trades for $41M
House Hacking Shifts to Long-Term Affordability
U.S. Housing Starts Fall in October
Florida Realtors Live: Signs of a Brighter Market
