The development firm has transformed the industrial building on NE 2nd Ave. into a mixed-use destination, including a compelling assortment of boutique shops, prospective office, and food-and-beverage concepts, to serve thousands of current and incoming neighboring apartment dwellers.
The leases total 22,000 square feet.
Anthony Librizzi and Tara England of Cushman & Wakefield represented the owners, Owens Realty Capital, in the lease negotiations.
The building totals 107,304 square feet.
Gian Rodriguez, Wayne Ramoski and Skyler Stein of Cushman & Wakefield represented four different landlords in the marketing and lease negotiations of the assets, which are spread across four different submarkets.
She has handled such notable transactions including the sale and purchase of East Port Center, a 108,500-square-foot showroom/warehouse property; Plantation Technology Center, a 98,000-square-foot multi-tenant office/flex building; and Harbor Place, a 36,000-square-foot office building on SE 17th Street in Fort Lauderdale.
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The buildings, which combined total over 75,000 square feet, range from two to 14 units per property.
The buyer plans to adapt the property into restaurant, retail and office space.
The three-building, nearly 600,000-square-foot Class-A industrial park is 72% preleased and on schedule to be delivered in the third quarter of 2021.