Terreno To Develop $491M Miami Industrial Project
Terreno intends to develop eight additional buildings, slated for completion by 2025. At full build-out, the campus will total 2.2 million square feet.
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Terreno intends to develop eight additional buildings, slated for completion by 2025. At full build-out, the campus will total 2.2 million square feet.
Quest is now occupying 25,947 square feet, more than double its previous size of 12,783 square feet.
Bridge signed a 12,000-square-foot deal with Kahane and Associates, P.A., a consumer finance litigation law firm relocating from Plantation, and a 15,000-square-foot lease with Acentria Insurance, an insurance company relocating from Fort Lauderdale.
John Criddle, Joe Freitas and Max Pawk with CBRE will be marketing the property for lease.
The buyer of the assemblage plans to develop a large-scale, Class A multifamily project on the site.
Senior Managing Director Charles Foschini, Managing Director Christopher Apone and Associate Director Robert Iudice of Berkadia South Florida arranged the loan.
The sale closed at a record $784 per square foot.
With more than 12 years of commercial real estate experience, she is a seasoned advisor that has participated in over three million square feet of leasing activity throughout her career.
Jon Blunk, Laurel Oswald, Constance Thomas and Cristina Glaria of TCRE are leading the office leasing efforts at the four-story office building.
“There has never been a more exciting time in South Florida Real Estate and we are thrilled to launch Vertical Real Estate with a team that brings an innovative and community-focused approach to this industry,” said Stern.
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