Homestead, FL
CBRE Arranges $3.2 Million Sale of Industrial Property in Homestead
February 9, 2026
Media Contact
Communications Manager
CBRE has arranged the sale of an 18,746-sq.-ft. industrial property, Homestead Industrial, in Homestead, Fla., for $3,264,000 to Cabessa Property Management.
CBRE’s Tyler Kuhlman, Luke Hansen and C’jon Armstead represented the seller, Forte Capital Management, in the transaction.
Located at 106 SW 5th Ave., Homestead Industrial sits on .81 acres and features one building with nine units. The property was fully leased at the time of sale. Homestead Industrial is in the South Dixie Highway submarket with convenient access to the Florida Turnpike and U.S. Highway 1.
“This sale highlights the sustained demand for small-bay industrial space across South Florida, particularly in Miami-Dade County,” said Kuhlman, First Vice President at CBRE. “The buyer intends to capitalize on the property’s favorable short-term leases and update tenant rents to market levels going forward.”
About CBRE Group, Inc.
CBRE Group, Inc. (NYSE:CBRE), a Fortune 500 and S&P 500 company headquartered in Dallas, is the world’s largest commercial real estate services and investment firm (based on 2024 revenue). The company has more than 140,000 employees (including Turner & Townsend employees) serving clients in more than 100 countries. CBRE serves clients through four business segments: Advisory (leasing, sales, debt origination, mortgage servicing, valuations); Building Operations & Experience (facilities management, property management, flex space & experience, digital infrastructure services); Project Management (program management, project management, cost consulting); Real Estate Investments (investment management, development). Please visit our website at www.cbre.com.