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Published

Terreno Buys South Florida Industrial Complex for $196M

Summary by Commercial Observer
Terreno Realty Corporation paid $195.6 million for an industrial campus in Doral, Fla., the San Francisco-based buyer announced.  The property — located at 7725 and 7785 NW 41st Street, just west of the Palmetto Expressway — features three warehouses, totaling 495,000 square feet. The 36-foot tall complex is 76 percent leased to six tenants, and includes 110 dock-high and six loading positions in addition to 528 parking spots.  The deal breaks d…
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