Butters Realty Industrial Team Inks 33,000 SF Industrial Lease In Medley
JC Conte, SIOR and Brian T. Ahearn, CCIM represented the tenant in the lease deal.
JC Conte, SIOR and Brian T. Ahearn, CCIM represented the tenant in the lease deal.
“Modern, last-mile logistics centers like Bridge Point Commerce Center continue to outperform the market,” said Kevin Carroll, Partner, Southeast Region of Bridge Industrial. “We are pleased to have been able to take advantage of historically low interest rates and lock into an extremely attractive fixed rate.”
This newest lease brings Bridge Point Commerce Center Phase I, totaling 1.1 million square feet of Class-A industrial space, to 97 percent leased.
The tenant leased the entirety of Building Two and half of Building One.
CBRE Senior Vice President Larry Genet, Executive Vice President Tom O’Loughlin , Executive Vice President Jose Lobón, Vice Chairman Christian Lee and Senior Associate Jake Zebede represented Brookfield Asset Management in the purchase
The 24%-leased newly constructed warehouse was sold to TA Realty.
Butters Construction & Development and Greystar will develop Miami Midway Park, a 45.1-acre site at NW 97th Avenue and NW 170th Street in Hialeah Gardens.
Upon completion, the project will comprise up to 2.5 million square feet of logistics space spread over as many as 13 buildings.
CBRE’s Devin White, David Albert and Andrew Fernandez arranged the lease on behalf of ownership. CLICK ON THE HEADLINE FOR MORE
The industrial complex spans more than 700,000 square feet. CLICK ON THE HEADLINE FOR MORE
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