“As Port Everglades Distribution Center was nearing completion, Challenge Warehousing initially agreed to terms to lease half of the new building. Within one month of leasing 41,099 square feet, Challenge won some new customers and they quickly decided to lease the entire building,” explained Conte.
CBRE’s Larry Genet, Tom O’Loughlin, and Noah Ohayon negotiated the sale.
Rodriguez will be based in Miami in the role of Colliers’ national director of industrial services.
The Butters Realty & Management Industrial Brokerage Team of JC Conte, SIOR and Brian T. Ahearn, CCIM represented the interest of Challenge Warehousing, Inc. in the transaction. Tom O’Loughlin and Larry Genet with CBRE represented the Landlord, Link Logistics.
CBRE Executive Vice President Gordon Messinger represented MAS^AJP, the owner and developer, in lease negotiations.
Tom O’Loughlin of CBRE represented the landlord, GPT SW 12TH AVENUE OWNER LLC, in the lease deal.
JC Conte, SIOR and Brian T. Ahearn, CCIM represented the tenant in the lease deal.
CBRE Executive Vice President Gordon Messinger represented the landlord, Banyan Street Capital, in all lease negotiations.
CBRE Executive Vice President Gordon Messinger represented the developer and owner, Millennium Partners, in lease negotiations.
The lease allows Tricera to seamlessly backfill space to be vacated by Comerica Bank, which is moving out of 1675 Midtown when its lease expires in June 2023.