The buildings feature 24’ clear ceilings in the warehouse, 10 exterior dock-high loading doors, a backup generator and 100% air-conditioning in the warehouse.
The development consists of 26 three-story, garden-style buildings with private detached garages and carports and 55 townhomes with private two-car garages.
The building features 24’ clear span heights, a 335’ building depth, 49 loading positions, and 95’ to 150’ truck court depths.
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The acquisition comprises a single commercial building situated on 3.27 acres of land. The facility features multiple access points and excellent visibility along its expansive frontage on Powerline Road, making it an attractive option for a variety of tenants.
Colliers Executive Vice President Scott Weprin represented the tenant in the lease transaction, while CBRE represented the landlord, Prologis, in the negotiations.
At 10 stories, the landmark 263,000-square-foot, Class A building visually dominates the city’s central commercial district, which spans along University Drive just south of Sample Road.
Most recently, the company leased 47,819 square feet of new office space to accommodate critical administrative and operational functions.
Wayne Ramoski, Ivanna Leitner Perez, and Skylar Stein of Cushman & Wakefield represented the landlord in the lease negotiations. Will Falero of Pro Industrial represented one tenant while Ken Morris and Sky Groden of JLL represented another.
Ryan Shaw, Drew Kristol and Kirk Olson, investment specialists in Marcus & Millichap’s Miami office, represented the buyer, a private investor, in the transaction.