30,000 SQUARE FOOT WAREHOUSE SOLD. An all cash purchase of a Hialeah warehouse has just sold in West Hialeah for $605,000. It was originally listed for $995,000. There were more than five cash offers for the 1965 warehouse located at 2755 W 8 Ave. The warehouse was used for 35 years as a dyeing factory. The lot size was 40,000 square feet.
Paul Silverstein, Broker-Vice President, Commercial Division with RE/MAX Advance Realty, who represented the seller, had received numerous offers for the property within the first 10 days of placing it on the market. “ Local and international investors are keeping a close eye on the South Florida commercial market and are ready to pounce on any property that is perceived to be under the current market value” he said. “The offers that came in were from Brazilian, Ecuadorean and Columbian buyers, but it was a local investor that ended up with the property.”
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