Aero Mechanical, a New Mexico-based supplier of aerospace maintenance services, is opening a new division in Hollywood.
CBRE arranged a seven-year lease for the firm on 38,355 square feet at 3901 SW 30th Avenue in the Port 95 Commerce Park. CBRE represented the landlord, Prologis. According to CBRE Research, this is the third aerospace company to either relocate to or expand in South Florida since the beginning of the year.
“We continue to see the aeronautics industry expand across South Florida as a result of state incentives to attract more manufacturing and technology companies to the area,” said Tom O’Loughlin, CBRE Vice President. “The Port 95 Commerce Park offers Aero Mechanical an ideal location close to Fort Lauderdale-Hollywood International Airport to serve its aviation clients.”
“We are pleased to support Aero Mechanical’s growth and are delighted to have once again partnered with CBRE to bring our 1.2-million-square-foot portfolio at Port 95 Commerce Park to full occupancy,” said Pete Crovo, Vice President and Market Officer, Prologis. “The industrial market in Broward County continues to perform strongly and Prologis is well-positioned to meet the rising demand by providing modern logistics facilities in this strategic in-fill location.”
“We at Aero Mechanical Industries are excited about our expansion into the South Florida region,” said Rodney Doss, Co-founder of Aero Mechanical. “We see this expansion as an opportunity to better serve our East Coast, Latin American and European customers. We believe the world-class facility provided by CBRE and Prologis plus the addition of 125-150 aviation maintenance professionals to the AMI family over the next five years, will give our customers a vendor they will be proud of.” “With the recent addition of Mr. Al Haase as our CEO,” he continued, “we believe his proven track record of successfully guiding aerospace companies in a growth mode will also add stability to AMI’s current operations and future expansions. We look forward to being a part of the Florida business landscape.”
CBRE has been tracking the relocation and expansion of several firms that service the aviation industry. Earlier this year, CBRE arranged a 54,500-square-foot lease for an airside parts distribution and maintenance company at Airside Fort Lauderdale (1800 SW 34th Street), as well as the sale of a 40,000-square-foot Pompano Beach warehouse in March at 1711 Blount Road to aerospace user Eddie Monserrat.
The Fort Lauderdale-based team of CBRE industrial brokers who arranged the lease on behalf of Prologis included O’Loughlin, Senior Vice President Harry Tangalakis and Associate Larry Genet.
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