CBRE’s O’Loughlin, Genet and Oretsky Bring Prologis’ South Broward Portfolio To 100% Occupied
Prologis has approximately 2,855,360 square feet in Southern Broward County. This final deal brings the park to 100% occupancy and reporting record rents.
Prologis has approximately 2,855,360 square feet in Southern Broward County. This final deal brings the park to 100% occupancy and reporting record rents.
The lease and sale transactions total over 80,920 square feet.
The office park last sold in 1996 for $15,875,000.
Slated to open at the end of summer 2022, guests will enter the genuine prohibition-era themed experience after securing a secret code and dialing it into a restored antique London-style red phone booth at the entrance.
This is the company’s first entry into the US marketplace.
The law firm was previously located in Brickell.
The venture led by Parmenter will invest significant capital to enhance and reposition the property, establishing it as a new innovation hub in Doral.
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 pet retailer agreed to an eight year term.
The new division will focus on identifying infill speculative and industrial build to suit opportunities in the State of Florida and opportunistically in other key logistics markets.
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