qwant news | TA Realty Buys Back Miami Warehouse Campus for $48M

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TA Realty has repurchased the Webster Business Park, a 178,521‑sq‑ft, 7.8‑acre industrial campus located at 7200 Northwest 25th Street near Miami International Airport, for $47.6 million—about $267 per square foot. The Boston‑based firm originally owned the 1970s‑built property from 2005 to 2016 before selling it for $16.6 million; it was later bought by Cofe Properties and then AEW Capital Management for $25 million in 2019. This marks TA Realty’s second reacquisition of a South Florida asset, following a $193 million purchase of a Palm Beach Gardens multifamily community. The company continues to expand its Miami‑Dade industrial portfolio, having acquired a 43‑acre site for $106 million and a 361,461‑sq‑ft portfolio for $84 million last year, as well as a 509,522‑sq‑ft campus for $160 million the year before.

Read more: https://commercialobserver.com/2026/05/webster-business-park-ta-realty-aew/

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