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Miami-area industrial portfolio sells in $51 million sale-leaseback

SeaVee Boats signs 30-year lease as Sagard Real Estate acquires Medley manufacturing campus
The industrial portfolio at 11100 NW South River Drive in Medley, Florida, traded in a sale-leaseback deal anchored by a 30-year tenant lease. (CoStar)
The industrial portfolio at 11100 NW South River Drive in Medley, Florida, traded in a sale-leaseback deal anchored by a 30-year tenant lease. (CoStar)
By Aisha Garrison with
CoStar Research
March 4, 2026 | 4:10 P.M.

Sagard Real Estate acquired a 186,731-square-foot industrial portfolio at 11100 NW South River Drive in Medley, Florida, from SeaVee Boats for $51 million, or $273 per square foot.

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News | Miami-area industrial portfolio sells in $51 million sale-leaseback