Cushman & Wakefield Represents Terreno in $14M Sale of Doral Warehouse

10100 NW 25th Street
10100 NW 25th Street

The South Florida Industrial Team of Wayne Ramoski, Gian Rodriguez and Skylar Stein Negotiated the Sale of the ±106,769-Square-Foot Building

MIAMI, FL, September 13, 2019 — The Cushman & Wakefield South Florida Industrial Team of Wayne Ramoski, Gian Rodriguez and Skylar Stein represented San Francisco-based Terreno Realty Corporation in the sale of a ±106,769-square-foot warehouse at 10100 NW 25th Street in Doral.

AmCar Holding, Inc. acquired the asset for $14 million ($131 per square foot). Mark Aleman of Aleman Realty, LLC represented the buyer.

Constructed in 1974, the stand-alone, cross-dock property sits on a five-acre parcel in the heart of Doral with excellent visibility and frontage on NW 25th Street. The building features 22-foot clear heights, ±14,000 square feet of office space, 29 loading positions and secure exterior storage.

Ramoski and Rodriguez previously negotiated Terreno’s $9.875 million acquisition of the asset in 2015 when the property served as CGI Windows and Doors’ manufacturing and distribution facility. Terreno began the redevelopment of the site for re-lease after CGI vacated, but market conditions soon presented a favorable disposition opportunity.

“Terreno originally intended to redevelop the facility and lease it to a quality tenant,” said Rodriguez, Managing Principal of Cushman & Wakefield’s Miami and Ft. Lauderdale offices. “However, the market’s limited industrial sale supply provided Terreno with an opportunity to capitalize on their investment and make a healthy return today.”

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global real estate services firm that delivers exceptional value for real estate occupiers and owners. Cushman & Wakefield is among the largest real estate services firms with approximately 51,000 employees in 400 offices and 70 countries. In 2018, the firm had revenue of $8.2 billion across core services of property, facilities and project management, leasing, capital markets, valuation and other services. To learn more, visit www.cushmanwakefield.com or follow @CushWake on Twitter.

Media Assets

10100 NW 25th Street Photo
Wayne Ramoski Headshot
Gian Rodriguez Headshot
Skylar Stein Headshot