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Hilco Redevelopment Partners (HRP) acquired a nearly nine-acre industrial development site in Medley, FL.

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Located at 11301 NW 97th Ave, the property is part of a larger 25-acre Superfund site which has previously undergone corrective action. HRP’s vision is to redevelop the site into a modern warehouse/logistics facility to support the growing tenant demand across South Florida in highly sought after infill areas. Plans encompass construction of a 175,000 square-foot, modern front-load warehouse designed to support multiple tenants. Completion of the facility is expected Q4 2022.

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Roberto Perez, Chief Executive Officer of Hilco Redevelopment Partners said, “We’re excited to bring our significant expertise to the South Florida real estate market, and we plan to do a lot more work within the region. Every opportunity to transform sites like this one into new state of art properties that better serves the community is exciting for our firm.”

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Hilco Redevelopment Partners (HRP), a unit of Hilco Global, announced today the purchase of an industrial development site located at 11002 Northwest S. River Drive in Medley, FL. The 8.5-acre property is part of a larger 25-acre Superfund site which has previously undergone corrective action