Hernandez Development , along with development partners Stiles, Merrimac Ventures and JL Capital and Management, have recently completed the 130,852-square-foot self-storage facility with ground floor retail in Fort Lauderdale.
The project is on a fast-track for completion in the second quarter of 2021.
The newest team member will help as part of Berger’s investment sales, land brokerage and acquisitions and dispositions services for both corporate clients and private investors.
The lease is valued at $1.7 million.
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%.
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.
The deals bring the industrial center to 100% occupied.
Pompano Crown LLC purchased the buildings with plans to renovate and re-lease the currently vacated space.
A long-standing 44,000-square-foot tenant at the 515,000-square-foot Lauderdale Lakes Industrial Park, which is managed and leased by Levy Realty Advisors, purchased the building.