Cresa Miami’s Jeff Hartsook and Adam Talbot represented the tenant in the lease renewal.
The park was fully leased at the time of sale to 46 tenants.
The 24%-leased newly constructed warehouse was sold to TA Realty.
Gian Rodriguez, Wayne Ramoski and Skyler Stein of Cushman & Wakefield represented four different landlords in the marketing and lease negotiations of the assets, which are spread across four different submarkets.
The long-term lease renewal keeps the occupancy rate for TA Realty’s two buildings in Port 95 Industrial Park, which total 151,389 square feet, at 100%.
On behalf of the landlord, TA Realty, Avison Young Principal Donna Abood, who is also Managing Director of the firm’s Miami office, Vice President Joe Abood, and Associate Peyton Dowd facilitated the transactions.
The deal marks the Owners’ second South Florida office purchase in as many months. CLICK ON THE HEADLINE FOR MORE
The deal includes four industrial buildings totaling roughly 178,521 square feet. CLICK ON THE HEADLINE FOR MORE
The assignment expands Colliers’ leasing portfolio to 23 office buildings, totaling 1.9 million square feet in Broward County, according to a release. CLICK ON THE HEADLINE FOR MORE
The property was built in 1996 and last sold for $11.25 million in 2005. CLICK ON THE HEADLINE FOR MORE
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