Badia Spices has announced its purchase of the Sweetwater warehouse located in South Florida, for $44 million, per The RealDeal.
Related: FAFAI Unveils More Than 9,000 Ingredients in its Industry
The Doral, Florida, based manufacturer paid around $141 per square foot for the 313,000 ft2 building. The class A industrial building, which was sold by Tech Data, sits on 16 acres.
Newmark’s Steve Medwin and Nick Wigoda represented Badia, according to the release.