East Capital Partners secured $32.2 million in financing for Aventura Small Bay Portfolio, a 210,219-square-foot, shallow-bay industrial portfolio in Miami.
JLL worked on behalf of the borrower to secure the floating-rate, three-year loan for the acquisition.
The portfolio consists of seven last-mile buildings situated on 11 acres, boasting a 100 percent occupancy rate with 41 active tenants.
Located at 19501 NE 10th Ave., adjacent to Interstate 95 (the main north-south artery in South Florida), the property benefits from accessibility, visibility and connectivity.
