G&G Cargo Buys the Esmeralda Building
June 16, 2015 at 1:08 pm #11320
Flower Importer Buys Doral, FL Complex For $10M
by Brian Bandell, South Florida Business Journal
Posted: Monday, June 15, 2015 at 3:34PM EDT
A flower importer from Ecuador purchased a warehouse/office complex building in Doral for $10 million.
Peter F. Ullrich, of Amelia Island, sold the 102,310-square-foot Americas’ Gateway Park at 1800 N.W. 89th Place to G&G Cargo Service, led by President and CEO Jorge Garces. The price equates to $92 per square foot.
ComReal Miami’s Edward Redlich, who brokered the deal for the seller, said additional consideration was paid for the building’s equipment, including refrigerators for flower storage and backup generators. The building was previously less than 50 percent occupied, with all of the tenants flower-related. Now G&G Cargo will move into the building and share space with those tenants, he said.
To read the rest of the story, please go to: South Florida Business JournalJune 17, 2015 at 3:18 pm #11482
Whats going to happen with G&G’s old building?June 17, 2015 at 7:45 pm #11486
Not sure but while the location was good they like many building lacks dock space and doors
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