Developer Launches New Industrial Development In Medley
The upcoming project will encompass 235,812 square feet of industrial space, boasting a 40-foot clear height, 46 dock doors, and designated parking for 203 vehicles and 76 trailers.
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The upcoming project will encompass 235,812 square feet of industrial space, boasting a 40-foot clear height, 46 dock doors, and designated parking for 203 vehicles and 76 trailers.
Patrick Nutt and William Wamble of SRS Capital Markets represented the seller in the transaction.
Native Realty represented both sides in a lease for the final available space.
Sedano’s Supermarkets hired Burke Construction Group, Inc. to build-out its Hialeah store in 2018 for a contact price of $2.6 million. The project ended in disagreements over the amounts owed under the contract and responsibility for 263 days of delays.
The new space will accommodate 45 lawyers and business professionals specializing in corporate law, taxation, wealth management, investigations, litigation, arbitration, international trade, and global migration.
The project will consist of a mixed-use retail and office, restaurant outparcels, a daycare and early learning center, as well as a 3-level parking garage.
Jonathan De La Rosa and Eddie Toledo, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller and procured the buyer.
The facility was 100% leased to 12 tenants that are critical to the local economy and service the immediate area.
Native has more than tripled its number of brokers in the past year. The firm is actively interviewing senior commercial real estate brokers in Broward and Palm Beach counties.
The annual celebration, which acknowledges excellence throughout the South Florida commercial real estate (CRE) industry, will be held Thursday, April 3rd, at the Marriott Harbor Beach Resort & Spa from 5:30 to 9:30 p.m.
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