SJC Ventures, in partnership with Nuveen Real Estate, plans to break ground in fall 2024 on the new development that will comprise an 88,938-square-foot mixed-use center, featuring retail stores, restaurants and service-driven businesses.
Florida East Coast Realty (FECR) is offering commercial/office space for lease at the building ranging from approximately 19,000 square feet on the 16th floor to 52,000 square feet on the 17th floor, with a contiguous block of ±72,000 square feet still available.
He will be responsible for the firm’s Miami, Fort Lauderdale, Boca Raton, and West Palm Beach markets and oversee more than 450 professionals across the South Florida region.
The duo will be based in the firm’s Miami office and specialize in industrial brokerage and advisory services.
The facility was sold by Elion Partners and acquired by Link Logistics.
The leases total nearly 40,000 square feet of space.
The Class A industrial portfolio is comprised of three buildings totaling 197,608 square feet.
Mike Davis, Dominic Montazemi, Rick Brugge, and Rick Colon of Cushman & Wakefield arranged the sale on behalf of both the seller and buyer.
Robert Kaplan and Mark Rutherford of Cushman & Wakefield secured the financing through Forman Capital and Core Capital on behalf of the developer North Development, a joint venture between Miami-based Oak Development, led by veteran developer Ricardo Dunin, and Peru-based Edifica.
Derek Baker of Colliers represented the tenant, while Brian Gale and Anthony Librizzi of Cushman & Wakefield represented the landlord.