Vice President Bradley Arendt, Executive Vice President Mika Mattingly and Associate Jonathan Papeika of the Colliers South Florida Urban Core Division represented the seller in the transaction. Ryan Shaw of Marcus & Millichap represented the buyer.
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The sale was conducted as an all-cash transaction, underscoring the strong demand for real estate in this vibrant market.
The 134,267-square-foot warehouse is ready for tenant buildouts and can support many large operations.
The new leases cover a total of 65,800 square feet and include a combination of recently opened stores as well as those set to open later this year and in 2025.
Totaling 640,000 square feet, the fully leased building has now received its temporary certificate of occupancy (TCO) from the City of Miami.
Peter “PJ” Apol and Ryan Goggins of Sunbeam Properties & Development represented the Park in the transactions, with Bob Banks of R.W. Banks Real Estate and Audley Bosch of JLL representing tenants.
Colliers Vice Chair Stephen Rutchik and Vice President Tom Farmer represented the landlord in negotiating the lease transaction. Vice Chairman Matthew Cheezem of Cushman & Wakefield represented the anchor tenant.
He will oversee daily brokerage operations, including recruiting, hiring, training and developing agents and staff.
15430 Corporate Road North features 40’ clear heights, 60’ speed bays, 43 dock high doors, 2 drive-in doors and 136’ truck courts. The property also offers ample surface parking, including 26 trailer parking spaces.