Easton & Associates’ Mike Waite Negotiates $25 Million Lease On Behalf Of Miami Distribution Company
The e-commerce fulfillment center secured a 124,000-square-foot warehouse and office facility.
The e-commerce fulfillment center secured a 124,000-square-foot warehouse and office facility.
Senior Vice Presidents Keith R. Graves, CCIM, SIOR and Jonathan Thiel of Berger Commercial Realty played a pivotal role in negotiating and executing this transaction for Prologis.
Senior Vice President Keith Graves, CCIM and Vice President Jonathan Thiel will serve as the exclusive leasing agents.
Rodriguez will be based in Miami in the role of Colliers’ national director of industrial services.
The properties include 16 warehouses, spanning 23 acres in total.
JLL marketed the property on behalf of the seller, KDD Enterprises Inc., which has owned the property since it was developed in 1995.
The lease and sale transactions total over 80,920 square feet.
This is the company’s first entry into the US marketplace.
The property last traded for $39.5 million in 2010, equating to $99 per square foot.
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.
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