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March 28, 2018  

Flagler Lists South Fla. Warehouses

Flagler is marketing a new industrial complex in suburban Miami that could attract bids of about $190 million from core investors.The 1.1 million-square-foot property, in Hialeah, Fla., is fully leased. At the estimated value of $179/sf, the buyer’s initial annual yield would be 4%.Flagler’s broker, HFF, is touting the offering as a rare opportunity to acquire a trophy industrial property of its size in the Miami area. In the past...

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