A new lease deal for 98,012 square feet brought the 677,318-square-foot logistics park to full occupancy.
The first phase of Seagis @ Port 95 spans three industrial buildings, totaling 142,000 square feet.
“The Buyer plans to make capital improvements to the property,” explained Thiel. “These small bay warehouses/apartment properties are rare and great investments to have in today’s market.”
Due to the efforts of Berger Commercial Realty’s leasing team, more than 28,000 square feet of new lease deals and renewals have recently been executed, bringing this prime industrial center to reach 100% occupancy.
CBRE’s Mike Oretsky, Tom O’Loughlin, and Larry Genet and Berger Commercial’s Jonathan Thiel and Keith Graves represented the tenants in the lease deals.
The lease deal comes on the heels of 96,728-square-foot lease deal, which the Berger Commercial Team negotiated earlier this month.
The Bridge Point 595 location marks a new Florida location for the company.
Berger Commercial Realty Vice President Jonathan Thiel, Senior Vice President Keith R. Graves, CCIM and Sales Associates Daniel Forman represented the landlord in executing the lease.
“This was a mutually beneficial transaction, and we are all thrilled that YMCA’s corporate office will maintain it’s presence in Downtown Fort Lauderdale.”
Berger Commercial Realty/Corfac International Vice President Jonathan Thiel, Sales Associates Daniel Forman and Senior Vice President Keith R. Graves, CCIM, represented the landlord, Seagis Property Group LP, in executing thel leases.
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