Easton’s Michael Foxwell Jr. and Andrew Easton negotiated the lease transactions.
The software company, with 2,000 employees worldwide, said last week it would relocate its headquarters from San Francisco to Miami.
Day Pitney Attorney Daniel Diaz Leyva represented NY-based Highpoint Property Group, which acquired the site in a joint venture with local partner Akabas Properties.
Having originated in Netanya, Israel in 1998, the popular brand now has locations throughout the world including Australia, London, Spain, Cyprus, Puerto Rico and, within the USA, locations in New York, Los Angeles and now its first location in Miami.
Here are the most popular news headlines this past week on CRE-sources.
The 10,978-square-foot building is located on an oversized and fenced 1.2-acre lot, providing ample room for truck and trailer parking.
The deals mark an expansion for the company, which already leases a 50,000-square-foot warehouse at 1148 Northwest 72nd Street in unincorporated Miami-Dade.
Keith Kidwell, Les Byron, and Steve Davis of SVN | Commercial Realty represented the landlord and Patrick Conness of Conness Commercial Realty represented Sunbelt Rentals, Inc. in the transaction.
Danny Finkle, Eric Williams, Jorge Portela, Ike Ojala and Kim Flores of JLL’s Miami office represented the seller, and John Crotty and Michael T. Fay of the Avison Young’s Miami office consulted with both parties on the transaction.
The acquisition of this Class A building represents a significant milestone for the buyer as they expand their portfolio and acquire their first South Florida asset.
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