Investment arm of Mormon Church pays $56.86M ($240.13psf) for 232.6K SF Warehouse near Miami

  • 7/19/2024

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The investment arm of The Church of Jesus Christ of Latter-day Saints purchased a Hialeah warehouse for $56M, nearly completing its acquisition of a sprawling industrial park and making its second major South Florida acquisition this month. An entity tracing to Property Reserve Inc., the real estate investment arm of The Church of Jesus Christ of Latter-day Saints, bought Building C at Beacon Logistics Park, a 233K SF warehouse at 4141 W. 91st Place. 

JWM Family Enterprises, LP
John Marriott | Managing Member

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