Codina Partners, Affinius Capital Completely Lease Out Beacon Logistics Park

Codina Partners and Affinius Capital have fully leased Beacon Logistics Park, the 1.3 million square foot  industrial park in Hialeah.

Major tenants include Cargill, Unified Logistic Services Inc., All Florida Paper, Custom Veterinary Services, All Glass Production  and the latest addition, Makita Latin America, which all sought strategically located and customized industrial space perfectly suited to foment growth.

“With a population growth rate of nearly double the U.S. average, Hialeah is experiencing an incredible evolution and we’re proud to be able to play a central role in expanding the city’s capacity for commerce with Beacon Logistics Park,” said Ana-Marie Codina Barlick, CEO of Codina Partners. “Our tenants at Beacon Logistics Park have seamless access to air and seaports across South Florida, an ability to tap into to Hialeah’s robust workforce, and flexibility to expand within the gold standard in industrial development.”

The Class A distribution and logistics center, located at NW 145th Place and NW 107th Avenue, is within Free Trade Zone 281 and is able to accommodate tenants’ foreign trade zone needs. The master-planned industrial development, managed by the seasoned team of professionals at Codina Partners, is located within proximity to Okeechobee Rd. (US 27), the Florida Turnpike, the Palmetto Expressway and I-75, providing easy access to all of Miami-Dade County and Broward County.

Hialeah has seen an industrial boom in recent years with 30 million square feet of warehouses and manufacturing plants boasting a vacancy rate of only 1.7 percent, which ranks the lowest amongst the Miami-area submarkets. The City of Hialeah is also the sixth largest municipality in Florida, serving over 224,000 residents.

Fairchild Partners’ Jose Juncadella and Sebastian Juncadella represented the landlord, Codina Partners and Affinius Capital, in the tenant transactions.