New 87,000 SF Tenant Inks Deal At 15975 Southwest 117th Ave In Miami
The 87,120-square-foot warehouse has been leased under a five-year agreement.
The 87,120-square-foot warehouse has been leased under a five-year agreement.
The asset totals 102,503 square feet on 6.19 acres and was built specifically as a headquarters and distribution facility.
Colliers Executive Vice Presidents Sabrina Stimming and Steven Henenfeld, Vice President Ruben Suarez, and Associate Vice President Ariel Davis will lead leasing efforts for the properties on behalf of Stiles Retail Group.
One of the country’s largest privately held construction firms will occupy the majority of the third floor at New York Life Investment’s Weston Pointe I, expanding its presence in the tri-county area.
The refinancing follows RIVANI’s approximately $38 million transformation of the 165,170-square-foot property.
A recently acquired collection of small-bay industrial properties near Miami International Airport has secured significant acquisition financing, underscoring continued institutional interest in one of South Florida’s tightest industrial submarkets.
The renewals add to the more than 225,000 square feet of healthcare-related lease renewals completed so far in 2026.
A six-acre property in Fort Lauderdale’s Cypress Creek area is being considered for a zoning change that could open the door to a significant multifamily redevelopment near I-95.
The 60-story tower will feature 183 residences, including four signature penthouses, and more than 300 feet of frontage along the Miami River.
The transactions include 47,851 square feet of new leases and 69,913 square feet of renewals.
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