JLL arranges sale of Midpoint Miami Logistics Park
MIAMI, Oct. 8, 2025 – JLL Capital Markets announced today the sale of Midpoint Miami Logistics Park, two fully leased Class A buildings totalling 312,834 square feet located at 10901-02 NW 148th St. in northwest Miami-Dade County.
JLL represented the seller, Foundry Commercial and an Ares Real Estate fund, in the transaction.
Completed in 2021, Midpoint Miami Logistics Park occupies a premier position within the Miami industrial market. The park provides exceptional connectivity to South Florida's primary transportation infrastructure, positioned just 11 miles from Miami International Airport and 20 miles from the Port of Miami.
Additionally, the facility offers direct access to critical highway networks, including the Florida’s Turnpike, Interstate 75 and US-27, providing seamless distribution access throughout South Florida and beyond.
The JLL Capital Markets team was led by Senior Managing Director Luis Castillo and Managing Director Cody Brais.
"Northwest Dade continues to benefit from its strategic position within the region and strong tenant demand driven by Miami's role as a logistics gateway," said Castillo. "With new construction increasingly constrained by land availability and rising development costs, existing Class A facilities like Midpoint Miami Logistics Park are becoming increasingly valuable to both investors and occupiers seeking premium distribution space in this critical trade corridor."
JLL Capital Markets is a full-service global provider of capital solutions for real estate investors and occupiers. The firm's in-depth local market and global investor knowledge delivers the best-in-class solutions for clients — whether investment sales and advisory, debt advisory, equity advisory or a recapitalization. The firm has more than 3,000 Capital Markets specialists worldwide with offices in nearly 50 countries.
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About JLL
For over 200 years, JLL (NYSE: JLL), a leading global commercial real estate and investment management company, has helped clients buy, build, occupy, manage and invest in a variety of commercial, industrial, hotel, residential and retail properties. A Fortune 500 company with annual revenue of $23.4 billion and operations in over 80 countries around the world, our more than 112,000 employees bring the power of a global platform combined with local expertise. Driven by our purpose to shape the future of real estate for a better world, we help our clients, people and communities SEE A BRIGHTER WAYSM. JLL is the brand name, and a registered trademark, of Jones Lang LaSalle Incorporated. For further information, visit jll.com.
About Foundry Commercial
Foundry Commercial is a full-service commercial real estate services and investment company operating across office, industrial, retail, multi-family, healthcare, religious, and not-for-profit asset classes and clients. Focused on the Sun Belt markets, Foundry is sustained by more than 4,000 associates operating from 12 markets, providing leasing and management on more than 77 million square feet and over 4,590 seniors housing units, typically executing over $2 billion in leasing, tenant rep, and investment sale transactions annually. Foundry’s development and investment platform is fully integrated with its services business and is currently invested in over $4.8 billion in joint ventures with many of the best-known institutional investors in the country. For more information, visit www.foundrycommercial.com.