Ryder Logistics relocated and expanded its third-party logistics operations to Cabot Miramar from Seneca Park in Pembroke Pines, where it previously occupied ±80,000 square feet. The company will take occupancy immediately.
Mike Davis, Rick Brugge, Dominic Montazemi and Rick Colon of Cushman & Wakefield, with assistance by Chris Metzger, Matt McAllister and Rick Etner, represented the seller, Bridge Industrial in the transaction.
The sales price equates to $193.00 per square foot.
The Cushman & Wakefield South Florida Industrial Team – Christopher Thomson, Alex VanDresser, Rick Etner, Chris Metzger and Matt McAllister – represented the landlord, Cabot Properties, in the lease negotiations.
The deal brings the flex facility to 100% occupancy. CLICK ON THE HEADLINE FOR MORE
C&W Senior Director Christopher Thomson and Associate Director Matthew McAllister represented Cabot in the deal. CLICK ON THE HEADLINE FOR MORE
The portfolio subsequently became part of a $1.475 billion national transaction. CLICK ON THE HEADLINE FOR MORE