Forward Sale Of Two Miami Industrial Buildings Totaling 575,000 SF Closes
An Ares Management Real Estate fund acquired the assets.
An Ares Management Real Estate fund acquired the assets.
The deal completes the second half of a four-building purchase of more than 1 million square feet of leased industrial space.
The first phase encompasses 2.4 million square feet. CLICK ON THE HEADLINE FOR MORE
Wayne Schuchts and Andrew Bonner of Avison Young represented the tenant in the renewal. CLICK ON THE HEADLINE FOR MORE
The initial term of the lease is for seven and one-quarter years. CLICK ON THE HEADLINE FOR MORE
Michael Torna, Senior Vice President with Corporate Solutions, represented the tenant in the deal. CLICK ON THE HEADLINE FOR MORE
The company relocated from Miramar. CLICK ON THE HEADLINE FOR MORE
The deal represents the telecom’s first Miami location, which will serve as part of its expansion into the Latin American market. CLICK ON THE HEADLINE FOR MORE
Bank of America provided a $15.9 million mortgage for the project. CLICK ON THE HEADLINE FOR MORE
The ground-breaking marks the official start of vertical construction on the 1.7 million square-foot Phase III expansion at the business park. CLICK ON THE HEADLINE FOR MORE
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