Lee & Associates South Florida Brokers 106,000 SF Industrial Lease In Opa-locka
Lee & Associates’ Matthew Rotolante, SIOR, and Conner Milford represented the tenant in the lease deal.
Lee & Associates’ Matthew Rotolante, SIOR, and Conner Milford represented the tenant in the lease deal.
The tenants will be relocating from other parts of the market, ranging in size from approximately 2,000 to over 6,400 square feet.
The leases bring Phase IV’s Building 36 To 100% pre-leased.
The 2.8-acre site, which is zoned industrial, includes a 12,000-square-foot, two-story main building; a 7,500-square-foot warehouse; and a 2,200-square-foot maintenance shop as well as parking spaces for over 45 trucks.
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JLL Capital Markets’ Debt Advisory team representing the borrower was led by Managing Director Jesse Wright, Associate JJ Hovenden and Analyst Luke Maganas.
Bridge Industrial has commenced preliminary site preparations at the property with delivery anticipated in the first quarter of 2027.
Before joining Illustrated, he led a high-producing team at BluEdge with nearly $80 million in combined commercial and residential volume across Palm Beach County and the Treasure Coast.
The 3.23-acre multifamily development site is located at 11240 Biscayne Blvd.
The 4,760-square-foot building was sold for $4 million.
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