The long-term lease renewal keeps the occupancy rate for TA Realty’s two buildings in Port 95 Industrial Park, which total 151,389 square feet, at 100%.
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The project will include a 23-story residential tower with 402 multifamily units, a 1,250-space public parking garage and approximately 170,000 square feet of neighborhood-oriented retail anchored by Target.
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Brenda Gonzalez will assist the Miami Development Team with entitlement, construction and completion of existing projects, as well as due diligence on new deals.
Fairchild Partners’ Jose Juncadella and Sebastian Juncadella represented the landlord and Savills’ Peter Starr and Thomas Capocefalo represented the tenant.
The fulfillment center, which would employ 1,000 full-time staffers, would be Amazon’s fourth in South Florida and will service orders from cities across the country, Amazon said Tuesday.
Coastal Waste & Recycling of Broward County, LLC sold the facility, which is situated on 1.88 acres of land, for $4,500,000.
Executive Managing Director Ben Eisenberg, Managing Director Thomas Kresse and Vice President Carlos Gaviria represented the seller in the transaction.
CBRE’s Kevin Probel, Kevin McCarthy and Will Portfolio will be marketing the property for lease.
This marks Integra Marinas’ first marina sale within its growing portfolio, following a multi-million-dollar repositioning of the assets.