368,000-SF Industrial Lease Signed At First Park Miami
The tenant leased the entirety of Building Two and half of Building One.
The tenant leased the entirety of Building Two and half of Building One.
CBRE’s Larry Genet and Tom O’Loughlin represented the landlord in the deal.
The properties, located at 3240 SE 6th Avenue and 501 SE 33rd Street in Fort Lauderdale were sold to an owner/user for $1,475,000.
Here are the most popular news headlines this past week on CRE-sources.
Larry Dinner of CBRE is the leasing representative for IDI Logistics for the new building.
Bridge Industrial had the property rezoned and subsequently built two Class A industrial Building for a total of ±174,129 SF.
Here are the most popular news headlines this past week on CRE-sources.
The property consists of one recently developed rear-load 32-foot clear industrial distribution building containing approximately 221,000 square feet on 11.4 acres.
The sale was a classic value-add opportunity with rents at 10-20% below market for small bay warehouses.
Bridge’s growing South Florida asset management portfolio currently spans 5 MSF+ of Class-A industrial space.
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