Cushman & Wakefield Brokers $7.5M Sale of Warehouse in Miami

by John Nelson

MIAMI — Cushman & Wakefield has arranged the $7.5 million sale of the Econocaribe Building, a 164,432-square-foot warehouse distribution facility located at 2401 N.W. 69th St. in Miami. ECU Worldwide, an international transportation company formerly known as Econocaribe Consolidators, fully leases the cross-dock facility. RLF Acquisitions LLC purchased the property from the sellers, Econo1 LLC, Joseph P. Luchese Jr. and Michelle Gersten. The fenced facility comprises a one-story warehouse and two-story office and features 27 dock-high loading positions that can accommodate up to 40 trucks, a receiving ramp that can accommodate an additional 13 trucks and 22-foot clear heights. The site also includes 180 total parking spaces.

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