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 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.
The project would total 328,870 square feet, with two distribution warehouses of 164,435 square feet each.
Designed by RLC Architects and Jackson Liles Architecture, the three-story building has a host of features found in few warehouses.
“I am looking forward to a rewarding new year in commercial real estate,” said 2021 NAIOP South Florida Chapter President Ryan Nee. “As president, I will work to facilitate new alliances among members that will support personal, professional and economic development throughout the tri-county. While the pandemic limited face-to-face engagement in 2020, we are eagerly committed to offering new ways for our members to engage and thrive in 2021.”
The deal marks a 12,000-square-foot expansion.
The industrial-zoned property is located directly south of the Cemex concrete plant at 1200 N.W. 137th Ave.
The landlord, Prologis, was represented by Tom O’Loughlin of CBRE.
Marketing materials for the second phase show that nearly 300,000 square feet at two of the future buildings is still available. The third, a 78,377-square-foot project, has been preleased.
Transwestern Managing Director Thomas Kresse negotiated the transaction on behalf of owner Prologis. CBRE’s Devin White represented DHL in the transaction. CLICK ON THE HEADLINE FOR MORE