Prologis buys Miami-Dade development site

Brian Bandell
Prologis buys Miami-Dade development site

Industrial giant Prologis paid $9 million for a development site in western Miami-Dade County. Jose, Alejandrina and Lizzette Reboredo sold the vacant property of 8.25 acres to the San Francisco-based industrial developer (NYSE: PLD). This site is within the 478-acre Beacon Lakes Industrial Park, where Prologis is the primary developer.