Fuse Specialty Appliances expanded from 18,650 square feet in Building F to 51,837 square feet into the newly constructed Building H.
Totaling 144,168 square feet, Building G is now 62% pre-leased. The project is currently under construction and on pace for a December 2021 completion.
CBRE’s Larry Genet and Tom O’Loughlin represented the landlord in the deal.
The leases bring Hillsboro Technology Center’s Building E, a 123,290 square foot industrial building and Building F, a 151,852 square foot industrial building, to 100% leased.
The sales price equates to $193.00 per square foot.
The lease deal brings Building G at Davie Business Center, which totals 114,774 square feet, to 100% leased.
The Butters Realty & Management Industrial Brokerage Team represented the interest while Tom O’Loughlin, Executive Vice President with CBRE represented the landlord in the deal.
The long-term lease renewal keeps the occupancy rate for TA Realty’s two buildings in Port 95 Industrial Park, which total 151,389 square feet, at 100%.
Mr. Louis Carrio of Carrio Motorcars closed on the property with an SBA Loan for $4,100,000. CLICK ON THE HEADLINE FOR MORE
One tenant was represented by Ken Morris and Adriana Lilly of Morris Southeast Group, LLC. The other was represented by Rick Etner of Cushman & Wakefield and Adam Talbot, a former member of the Cushman & Wakefield Industrial Team. CLICK ON THE HEADLINE FOR MORE
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