Terreno Keeps Hialeah Industrial Buildings Fully Leased With 233,000 SF In Tenant Deals
The deals will keep two buildings fully occupied while extending tenant commitments into 2035.
The deals will keep two buildings fully occupied while extending tenant commitments into 2035.
To accommodate the new tenant, Terreno also reached an agreement for the previous occupant to vacate ahead of its original August 31, 2026 lease expiration.
The 164,000-square-foot, 36-foot clear height rear-load industrial distribution building is 100% leased to two tenants.
VSRE’s Raydel Enriquez, Raul Estrada, Andrea Montejo and Carlos Velasquez represented Terreno in the transaction.
A previously announced ten-year lease for 82,000 square feet with an aircraft engine maintenance, repair and overhaul provider has been expanded to 92,000 square feet, and a new tenant has signed a lease for 72,000 square feet.
The ten-year lease will commence upon completion of building construction and tenant improvements expected to be in June 2025.
The building has been 70% pre-leased to a cruise ship industry provider of non-perishable food items and food service supplies commencing with building completion and tenant build-out, expected to be in the third quarter of 2025, and expiring February 2033.
Building 39 of Terreno Realty Corporation’s Countyline Corporate Park, which is 100% leased to one tenant, is a 178,000-square-foot, 36-foot clear height industrial distribution building on 10.9 acres with 58 dock-high and two grade-level loading positions and parking for 156 cars.
The deal brings Countyline Corporate Park Phase IV Building 33 to 67% pre-leased.
Countyline Corporate Park Phase IV consists of a 121-acre project entitled for 2.2 million square feet of industrial distribution buildings in Miami’s Countyline Corporate Park
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