Transwestern Represents Seller in Industrial Disposition
October 31, 2023
MIAMI – Transwestern Real Estate Services (TRS) announces its South Florida Industrial team has brokered the disposition of an 8,416-square-foot warehouse at 7158 and 7160 NW 50th St. in Miami for $3.1 million. Senior Vice President Carlos Gaviria, Executive Managing Directors Ben Eisenberg and Walter Byrd and Managing Director Thomas Kresse represented the seller, Jet Engine Technology Corporation, in the sale to Dominican cigar company La Aurora USA LLC. Jonathan Lay, CCIM MSIRE MSF and Sebastian Juncadella, SIOR from Fairchild Partners, represented the buyer in the transaction.
This sale follows a 32,904-square-foot warehouse acquisition Transwestern completed on behalf of Jet Engine Technology Corp in September.
“We’re proud to be Jet Engine Technology’s real estate partner and execute another successful transaction to drive the company’s strategic business plan,” said Gaviria. We are also excited to see this property found a great home with La Aurora Cigars.”
Transwestern’s South Florida Industrial team provides creative solutions that maximize real estate value through a sophisticated and proven methodology that helps meet and exceed financial objectives. With nearly 100 years of combined experience, the team uses deep market knowledge and industry expertise to uncover hidden opportunities and capitalize on shifting market dynamics.
An image of the property is available for download here.
About Transwestern Real Estate Services
Part of the Transwestern companies, Transwestern Real Estate Services (TRS) strives to add value for investors, owners and occupiers across all commercial property types. Fueled by a holistic perspective of the real estate life cycle, agility and creativity are hallmarks of our approach, while vast national resources and sound market intelligence underpin customized recommendations and property solutions.
Five dynamic, integrated companies make up the Transwestern enterprise, giving us the perspective to think broadly, deeply and creatively about commercial real estate. Clients and investors rely on us for expertise that spans institutional and opportunistic investment, development, hospitality, and brokerage and asset services. Our award-winning, collaborative culture empowers team members with resources and independence to work across boundaries in pursuit of innovative solutions, reinforcing a reputation for service excellence that translates to measurable results. Through offices nationwide and alliance partners around the globe, we positively impact the built environment and our communities while fostering a work climate that champions career vitality for all. Learn more at transwestern.com and @Transwestern