Seagis Property Group Acquires 207,000 SF Complex in Miami, Florida

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Sep 20, 2017, 08:00 ET

CONSHOHOCKEN, Pa., Sept. 20, 2017 /PRNewswire/ -- Seagis Property Group announced today that it has acquired Airport International Center, a two building 207,000 square foot warehouse complex in the Airport West submarket of Miami, Florida. The multi-tenant buildings, which are located at 5501-5505 NW 72^nd Avenue feature 4,500 square foot tenant bays, with both dock high and street level loading serving each tenant space. The project is located approximately 2 miles from Miami International Airport and 13 miles from the Port of Miami.

"We continue to see strong demand for these highly functional small-bay infill warehouse units. Airport International Center is a natural complement to our South Florida portfolio, which now includes 92 buildings and 5 million square feet in the Dade and Broward County marketplace." Ronald Marrero, Director of Leasing and Investments.

Seagis Property Group LP owns and operates over 10 million square feet of industrial buildings in logistically driven locations along the Eastern Seaboard. Seagis is headquartered in suburban Philadelphia, with offices at One Tower Bridge, 100 Front Street, Suite 350, Conshohocken, PA 19428.

SOURCE Seagis Property Group