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2811 SW 70th Avenue Update 01/09/23

Developers Acquire Industrial Site West of Miami For $24M 

The Carlyle Group and Crow Holdings recently purchased a surface parking lot currently used by a towing company for $24 million. The duo has plans to build a warehouse development on the 8.6 acre lot. Comerica Bank recently funded the developers with a $72.1 million loan for the project. The lot is zoned for heavy industrial manufacturing, wholesale distribution facilities, storage facilities and offices. Stay tuned for more updates on this project. 


A Google Maps street view of the lot taken Jan 2021

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