Cornerstone International Realty Closes 18,500 SF Lease

Cornerstone International Realty announced the closing of a lease deal for the entire building located at 3411 NW 72nd Avenue in Miami.
The 18,500 square foot showroom, owned by Prologis, was leased by Office Furniture Warehouse for a period of five years.
Frank Trelles, Executive VP, and Hector Catano, President, represented the landlord in this transaction.
“It was a challenge finding a tenant for such a large showroom space. Companies in the tile, kitchen cabinets and furniture industries have been downsizing to smaller showroom space.” Trelles stated. “With the airport office/warehouse markets being so hot, it was a great decision for Office Furniture Warehouse to lease the space.
Catano added, “OFW has positioned themselves to become the largest distributor of office furniture in this booming market.”

 

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