Blue Box Real Estate signed a new lease totaling 39,971 square feet at 5875 NW 163rd Street in Miami Lakes. Southeastern College will expand and relocate their campus from 17395 NW 59th Avenue in Miami Lakes to the new location where it will join key tenants Lufthansa, NSI Insurance, Logistic Care Solutions, and Miami Lakes Center, LLC. Jorge L. Morales and Ana R. Paula of Blue Box Real Estate, LLC represented the landlord, Miami Lakes Center, LLC, in the deal. Michael Scarpino, CCIM of Scarpino Commercial Real Estate Services, Inc., represented Southeastern College.
“Finalizing a large complex transaction amidst the current pandemic environment is a testament to the hard work and determination of everyone involved in the deal including the Town of Miami Lakes, the landlord and Southeastern College and the brokers,” stated Morales, President of Blue Box Real Estate. “We couldn’t be happier to secure such a quality educational institution at the two-story Class A office building in Miami Lakes.”
“With easy access to SR 826 and a generous 5:1000 parking ratio, the property is positioned to attract tenants seeking a prime location at competitive rates in north Miami-Dade County. Key amenities at the property include newly renovated common areas, impact windows, and expansive floor plates. We still have excellent spaces to lease for office users in the 10,000 to 24,000 square foot range,” added Paula.
“There were a limited number of buildings in the designated area that could accommodate Southeastern College, primarily due to the extra parking requirement. They had outgrown their space in another building in Miami Lakes, and this building was close by, met the parking needs and had good access to the highway network,” stated Scarpino. “Their student base does not have far to go to the new location. The other deciding factor was the space had been previously occupied by a school, and therefore required only minor reconfiguration. All in all, it was a good fit.”
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