Las Vegas Company Relocates HQ To Miami, Signs 14,000 SF Lease
The company plans to move to its new location in the fourth quarter of 2025.
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The company plans to move to its new location in the fourth quarter of 2025.
The sale highlights the continued strength of the industrial real estate market in Fort Lauderdale, driven by increasing demand for warehousing solutions.
Senior Managing Directors Roberto Pesant and Jaret Turkell, along with Directors Omar Morales and Yoav Yuhjtman of Berkadia South Florida, led the transaction on behalf of the seller, MAG Real Estate & Development of Delray Beach.
The 4.8-acre mixed-use entertainment center is adjacent to one of the 14 stations on the South Dade Transit Way, which is scheduled to open in the first half of 2025.
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Wayne Ramoski, Skylar Stein, and Ivanna Leitner Perez of Cushman & Wakefield represented Dalfen Industrial in the lease negotiations.
The lease deals drive total occupancy in the trophy office complex to 95 percent.
PEBB and Banyan picked up the 23-acre site for $7.46 million.
The activity includes a significant lease renewal with Brookfield Corporation, a global leader in financial services, underscoring the ongoing demand for high-quality office space in South Florida.
The shopping center recently underwent a complete redevelopment which included an expansion of Publix from 36,464 square feet to 46,811 square feet.
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