“As Port Everglades Distribution Center was nearing completion, Challenge Warehousing initially agreed to terms to lease half of the new building. Within one month of leasing 41,099 square feet, Challenge won some new customers and they quickly decided to lease the entire building,” explained Conte.
The long-term lease brings Building A to 100% occupancy.
Dauerflora USA, Inc. inked a long-term industrial lease at I-595 Business Center located at 3500-3536 SW 30th Avenue in Dania Beach.
The Butters Realty & Management Industrial Brokerage Team of JC Conte, SIOR and Brian T. Ahearn, CCIM represented the interest of Challenge Warehousing, Inc. in the transaction. Tom O’Loughlin and Larry Genet with CBRE represented the Landlord, Link Logistics.
JC Conte, SIOR and Brian T. Ahearn, CCIM represented the tenant in the lease deal.
Conte, Ahearn and Butters exclusively represented the interest of the owner in the transaction.
CBRE’s Larry Genet and Tom O’Loughlin represented the landlord in the deal.
The sales price equates to $193.00 per square foot.
The lease deal brings Building G at Davie Business Center, which totals 114,774 square feet, to 100% leased.
The Butters Realty & Management Industrial Brokerage Team represented the interest while Tom O’Loughlin, Executive Vice President with CBRE represented the landlord in the deal.