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The firm has also signed a 79,141-square-foot lease on the neighboring block at Miami Tower, located at 100 SE 1st Ave., for a build-to-suit corporate headquarters relocation of a multi-billion-dollar public company.
The lease deal marks the company’s fifth location in Miami, its seventh in the county and 11th in the state.
The team will focus on representing owners, tenants, and investors of industrial property throughout Florida.
Ryan Holtzman, Andrew Trench, and Michael Feldman of Cushman & Wakefield and Chris Coots of Flagler Healthcare Investments will collaborate to oversee medical office leasing efforts on behalf of the developer, which is a partnership between Black Salmon and The Allen Morris Company.
Gordon Messinger and Randy Carballo with CBRE represented the landlord in all lease negotiations.
Tricera and Merrimac are forward-purchasing over 13,700 square feet of ground-floor retail and restaurant space. Native Realty is representing Tricera in leasing the remaining retail and restaurant space at Soleste Seaside.
The transaction is the first West Palm Beach market purchase for ALP and continues the expansion of the firm’s national industrial footprint.The portfolio is 98% leased with a diverse rent-roll of over 40 tenants.
The CBRE team has been retained to handle leasing for the property. Built in 1999, the single-story building features 24-foot clearance and three dock-high doors as well as a ramp.
Drew Kristol and Kirk Olson, investment specialists in Marcus & Millichap’s Miami office, had the exclusive listing to market the property on behalf of the seller, MMG Equity Partners.
Colliers South Florida’s Kevin Gonzalez, Jake Freeman and Ana Paula will lead leasing efforts.
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