CBRE Negotiates Sale Of Miami Gardens Distribution Center
CBRE’s Larry Genet, Tom O’Loughlin, Noah Ohayon and Zack Krawiec negotiated the sale.
CBRE’s Larry Genet, Tom O’Loughlin, Noah Ohayon and Zack Krawiec negotiated the sale.
Benjamin H. Silver with CBRE will lead the marketing efforts on behalf of ownership.
The park was fully leased at the time of sale to 46 tenants.
The tenant will be relocating and expanding from its current location at Miramar Park of Commerce.
CBRE’s Robert Smith and Kirk Nelson will be leading the marketing efforts.
Gordon Messinger, an Executive Vice President with CBRE, represented the landlord in lease negotiations. Clay Sidner with Newmark represented the tenant.
“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.
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