{"id":286365,"date":"2026-05-27T16:59:09","date_gmt":"2026-05-27T16:59:09","guid":{"rendered":"https:\/\/www.newsbeep.com\/us-fl\/286365\/"},"modified":"2026-05-27T16:59:09","modified_gmt":"2026-05-27T16:59:09","slug":"ta-realty-buys-back-miami-warehouse-campus-for-48m-commercial-observer","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/us-fl\/286365\/","title":{"rendered":"TA Realty Buys Back Miami Warehouse Campus for $48M \u2013 Commercial Observer"},"content":{"rendered":"

TA Realty<\/a> bought back an industrial park near Miami International Airport, paying $47.6 million, property records show.<\/p>\n

Called Webster Business Park, the 178,521-square-foot property includes four buildings at 7200 Northwest 25th Street, sandwiched between Palmetto Expressway and the Miami airport. The 7.8-acre campus was built in the 1970s.\u00a0<\/p>\n

SEE ALSO: Bain Capital, 11North Partners Acquire Five Shopping Centers for $300M<\/a><\/p>\n

The transaction equates to about $267 a square foot.<\/p>\n

Boston-based TA Realty owned the asset between 2005 and 2016, before selling it for $16.6 million to Cofe Properties. AEW Capital Management<\/a>, another Boston-based investor which served as the seller in the recent sale, purchased the campus for $25 million in 2019.\u00a0<\/p>\n

The purchase marks at least the second time TA Realty has reacquired a South Florida asset it previously owned. In October, the firm paid $193 million<\/a> for a 476-unit multifamily community in Palm Beach Gardens \u2014 roughly $89 million more than the price at which it sold the property in 2017.<\/p>\n

On the industrial front, TA Realty has been building up its portfolio in Miami-Dade County. Last year, it bought<\/a> a 43-acre industrial development site for $106 million, and a 361,461-square-foot portfolio for $84 million<\/a>. The previous year, it paid $160 million<\/a> for a four-building, 509,522-square-foot campus nearby.\u00a0<\/p>\n

Representatives for TA Realty and AEW Capital Management did not immediately respond to requests for comment.<\/p>\n

Julia Echikson can be reached at jechikson@commercialobserver.com<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"TA Realty bought back an industrial park near Miami International Airport, paying $47.6 million, property records show. Called…\n","protected":false},"author":2,"featured_media":286366,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[121363,123,125,124,121364],"class_list":["post-286365","post","type-post","status-publish","format-standard","has-post-thumbnail","category-miami","tag-7200-northwest-25th-street","tag-miami","tag-miami-headlines","tag-miami-news","tag-webster-business-park"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/286365","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/comments?post=286365"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/posts\/286365\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media\/286366"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/media?parent=286365"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/categories?post=286365"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/us-fl\/wp-json\/wp\/v2\/tags?post=286365"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}