National Truck Parking Adds the Largest Trailer Parking Facility in Miami to its Growing Portfolio

MIAMI (January 28, 2020) – National Truck Parking (NTP) has acquired a 51-acre truck and trailer parking facility located at 15545 NW 122nd Avenue in northwest Miami – the largest of its kind in Miami, Florida. The seller was a private investor and the original developer of the property.
With more than 1,300 parking spots, the property features 24-hour manned security, a fully fenced perimeter with electronic gate access, concrete aisles and compacted stone parking surfaces, and on-site property management. It is strategically located near the Florida Turnpike and Miami International Airport. It is fully leased.

Champion and Timber Hill Developing Managed Truck Parking in Ft. Worth, TX

Champion Realty Advisors, in a joint venture with Timber Hill Group, has acquired a 10-acre vacant land parcel at the northwest corner of Interstate 820 and Main Street in the City of Ft. Worth. The site is zoned “Heavy Industrial” which allows for a wide assortment of transportation and outdoor storage uses. Cary Goldman, CEO of Timber Hill stated “Timber Hill and Champion identified a significant unmet need for highly secure truck and trailer parking in North Ft. Worth. Our property is designed to meet trucking company’s needs for 24-hour access, security for their employees and equipment, all at a prime north Ft. Worth location.”

Champion Partners with Timber Hill Group to Acquire 51 Acre Truck and Trailer Lot in Miami Fl

Real Estate Finance & Investment
Champion Realty shifts focus to target industrial

Champion Realty Advisors, a Chicago-based commercial real estate firm, refocused its strategy to focus on transportation- and outdoor storage-related acquisitions. “We are capitalizing on [our] solid reputation in the industrial real estate community, rather than creating a new entity to grow and diversify the transportation and outdoor storage assets we already own,” said J.D. Salazar, CEO.

The company, which represents family offices and high-net-worth individuals, made the shift due to high prices for vacant land in many of its core markets. The decision to create new yards for parking trucks, trailers, containers and chassis fit in with Champion’s existing focus on the industrial sector. “This is an asset class we have a deep knowledge of. It’s industrial real estate that is still primarily owned by entrepreneurs, so we don’t face institutional competition for acquisitions,” Salazar said.

Globe St.
Investors Targeting New Asset Class

JD Salazar repositions Champion Realty Advisors with new mission

New Venture Seeks Investment Opportunities in Transportation and Outdoor Storage Properties on Behalf of Family Offices and HNWIs