Dalfen Industrial, based in Dallas, has acquired a fully leased warehouse in Miami Lakes for $30.1 million. The property is located at 5770 Miami Lakes Drive and spans 192,000 square feet. Records and the real estate database Vizzda confirm that Dalfen purchased the building from Sagard Real Estate, which is headquartered in Denver.
The one-story warehouse was built in 1977 on an 8.7-acre site, according to public records and LoopNet. Sagard, previously known as EverWest, bought the property for $16 million in 2018.
The building is currently occupied by Mr. Glass Doors and Windows, a manufacturer of residential and commercial windows and doors. This information was included in a news release from Dalfen regarding the purchase.
Dalfen Industrial is led by Sean Dalfen and focuses on acquiring, managing, and developing last-mile industrial spaces. According to its website and the company’s release, Dalfen’s portfolio includes more than 55 million square feet of industrial properties.
Earlier this year, Dalfen partnered with Goldman Sachs Group to sell a portfolio of 38 warehouses across several U.S. cities—including Atlanta, Austin, Dallas, and Nashville—to Starwood Capital Group for $685 million.
In South Florida specifically, Dalfen has maintained an active investment presence over recent years. Last year it sold a 236,600-square-foot warehouse at Interstate Park Logistics Center in Riviera Beach for $55 million. In another transaction last year, Dalfen paid $26.4 million for three Broward County industrial facilities totaling 102,000 square feet. In 2021 the company acquired two newly completed warehouses at 1501 Meathe Drive in West Palm Beach from developer Jeff Greene for $60.6 million.
South Florida’s industrial market saw strong growth during the pandemic as businesses and residents moved into the area from other states; however, demand declined in early 2025 while landlords continued to hold rents steady despite the slowdown—this according to a report by CBRE.
Other notable recent transactions include Longpoint’s July purchase of America’s Gateway Park—a six-building complex—for $82 million in Doral; shortly after that deal Longpoint also acquired Tree Garden Business Park with three warehouses in Doral for $31.5 million. In July as well Hersh Equity Group bought a six-warehouse complex in West Park for $47.2 million combined; Foundry Commercial along with Crow Holdings Capital purchased a Pompano Beach development site for $23.1 million where they plan to build two new warehouses totaling 182,000 square feet.
