Marcus & Millichap Brokers $18.1 Million Sale of Industrial Asset in Miami

Marcus & Millichap recently helped close the sale of Doral Industrial, a 93,046-square-foot industrial building in Miami for $18.1 million. The buyer, a limited liability company, was secured and represented by Michael Alaoui, a senior associate in Marcus & Millichap’s Miami office. The property is located off Highway 826 near Walmart, Target and Best Buy. 

“Built in 1983, Doral Industrial sits on just over 4.5 acres and consists of 26 suites,” Alaoui says. “This well-maintained asset benefits from the neighboring demographics, which include a five-mile radius population of 428,000. The building has strong visibility on highly trafficked 64th Street. Being only 13 miles from Downtown Miami, this asset and its retailers capitalize from the over 10 million visitors to Miami each year.” 

You May Also Like
Puttshack Highlights Sensory Inclusion for Autism Acceptance Month

From April 1-30, Puttshack, where guests can enjoy tech-infused mini golf, food and drinks — will donate 20% of each 9-hole mini golf game booked through puttshack.com/kcfundraiser directly to KultureCity to support its mission of

Read More
The Business of Design: DCOTA Spring Market Hosts Industry-Leading Panel

“The Intricacy of Design Across Diversified Industries” event brings together top South Florida leaders on March 12.

Read More
36th Annual Celebration of Authors and Books in Fort Lauderdale

‘Literary Feast’ brings authors to raise funds for the Broward County Library system

Read More
Broward Partnership to Host Annual Salute to Leadership: “Gala in the Glades” Event

The March 29th Event plays an important role in advancing Broward Partnership’s mission to reduce homelessness.

Read More
Other Posts
A Night of Flavor and Philanthropy: Ann Storck Center’s Celebrity Chefs Event Set for May 2, 2025

Local chefs, live performances, and exclusive experiences come together for an unforgettable evening at Seminole Hard Rock.

Read More
Enjoy a Flavorful Comeback at Hereford Grill

Iconic Miami Restaurant Will Open in Spring 2025 Under the Da Silva Hospitality Banner,

Read More
Boys & Girls Club to Celebrate 14th Annual “Claws for Kids” Fundraiser on May 6

The event, held in memory of Judy Kramer at Joe’s Stone Crab, will benefit the Boys & Girls Clubs of Miami-Dade, supporting vital programs and services across its six clubs and sites.

Read More
Mutra Brings a Melting Pot of Flavors to Miami

The new North Miami restaurant by Chef Raz Shabtai brings a bold and innovative take on kosher dining, blending global flavors, fresh farm-to-table ingredients, and deep culinary traditions inspired by his Israeli heritage.

Read More