South Florida’s top warehouse deals reach over $100M this week 

Industrial investors have been active in South Florida’s warehouse market this week, with two buyers closing a pair of deals totaling more than $116 million in Broward and Miami-Dade counties. Atlanta-based Republic National Distributing Company, one of the country’s largest alcohol distributors, sold a Deerfield Beach warehouse to an affiliate of Reyes Holdings for $84.1 million. The 440,700-square-foot distribution warehouse at 441 Southwest 12th Avenue was part of a larger transaction in which Republic National Distributing sold operations in 11 markets to Reyes Beverage Group. Wells Fargo provided a $60.4 million mortgage to the buyer, and the deal worked out […]

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