The Easton Group Acquires 45,000-SF Distribution Center From Frito Lay
Frito Lay will remain as a tenant for the time being but is planning to relocate to a larger facility in the near future.
Frito Lay will remain as a tenant for the time being but is planning to relocate to a larger facility in the near future.
The e-commerce fulfillment center secured a 124,000-square-foot warehouse and office facility.
Easton’s Michael Foxwell Jr. and Andrew Easton negotiated the lease transactions.
ShareMD paid $6.45 million in the off-market deal that closed May 21.
“The industrial leasing activity remains solid as we enter 2021,” said Waite. “Now that we’ve rolled out a COVID vaccine in South Florida, I suspect business and consumer confidence will only get stronger providing lots of new opportunity in the commercial real estate market.”
The deals include one sale and one lease transaction. CLICK ON THE HEADLINE FOR MORE
Easton’s Jim Armstrong and Mike Waite negotiated the lease deals. CLICK ON THE HEADLINE FOR MORE
Easton & Associates’ Mike Waite, Jim Armstrong, Tom Kimen, Mike Rice, David Olalde, Andrew Easton and Jeremy Myers negotiated the transactions. CLICK ON THE HEADLINE FOR MORE
“There is strong demand for quality product in good locations.” CLICK ON THE HEADLINE FOR MORE
The purchase included seven industrial buildings, totaling 53.96 acres in Miami Lakes, Miami and Hollywood. CLICK ON THE HEADLINE FOR MORE
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