The report further highlights need for more industrially designated land in the southern portion of Miami-Dade County in order to properly service residents in today’s e-commerce economy.
New York-based Angelo, Gordon & Co., L.P. (“Angelo Gordon”) and Delray Beach-based Redfearn Capital formed a new programmatic joint venture to acquire value-add industrial properties throughout Florida with a concentration in South Florida.
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 60,000 square foot warehouse is situated on 2.62 acres of land.
The property is 100% leased to more than 40 tenants ranging from light industrial to athletic and recreational uses.
They will serve as Senior Vice Presidents in the Miami office, representing office tenants.
The standalone ±83,200-square-foot building is located within Link’s Miramar I-75 Distribution Center and was most recently occupied by Comcast Corporation.
The property consists of a 9-story office tower, a 2-story medical office building and a development pad.
He will continue a career of pursuing investor leasing opportunities in downtown Fort Lauderdale and Broward County.