Berkadia Arranges $20M Construction Loan For Class A Warehouse In Miami’s Medley Submarket
The to-be-built warehouse will total 174,348 square feet.
The to-be-built warehouse will total 174,348 square feet.
The property was the former headquarters of the family-owned and operated Rex Discount.
The company announced the start of the 501,224-square-foot speculative development at 10300 NW 121st Way in Medley in May 2021. The building is now 100 percent leased.
This marks the fourth time winning this prestigious honor from NAIOP’s South Florida Chapter in the past six years.
The five commercial real estate transactions were all completed throughout the South Florida area in January, February and March by Vice President Frank Trelles, SIOR and Sales Associate Jason Gonzalez.
An industrial real estate veteran with 30 years of experience was tapped to lead the new venture.
Transwestern’s Carlos Gaviria, Walter Byrd, Ben Eisenberg and Thomas Kresse represented the tenant in the transaction.
The new hire comes as State Street Realty celebrates its 10th year in the commercial real estate business and closes 2021 with another record breaking year.
The logistics firm will seek a smaller office footprint due to remote work.
This is the first South Florida location for the leading third-party food logistics company.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.
