Lee & Associates South Florida Completes Three New Industrial Leases Totaling Nearly 150,000 SF
Lee & Associates South Florida President Matthew Rotolante and Vice President Conner Milford represented tenants in the deals.
Lee & Associates South Florida President Matthew Rotolante and Vice President Conner Milford represented tenants in the deals.
The new-to-market financial tenant brings the building to 96% leased.
The three leases bring the ±180,306-square-foot industrial building to full occupancy.
Anthony Librizzi of Cushman & Wakefield represented the buyer in the transaction and has been retained to oversee leasing at the property.
The buyer purchased the facility for their South Florida corporate offices and operation.
Cushman & Wakefield secured $9 million in acquisition financing through Principal Life on behalf of the buyer.
C&W’s Travis Herring and Katherine Ridgway of Cushman & Wakefield represented the landlord, IP Capital, in the lease negotiations.
The Cushman & Wakefield team was comprised of Matthew G. McAllister, Chris Metzger, Richard F. Etner Jr., and Christopher Thomson. Pete Sheridan of JLL represented the building’s owner, Prologis.
The deals bring the 25-story, 387,402-square-foot “Class A” office community to over 50% leased following its November 2020 delivery.
The company has been growing exponentially since its launch in 2017.
CRE-sources, Inc. is committed to ensuring that individuals with disabilities can access all of the goods, services, facilities, privileges, advantages, and accommodations that we offer through our website.If you are having trouble accessing the website, please call us at 954.290.3866 for assistance.
