VSRE Facilitates 130,000 SF Lease Renewal To Keep Aviation Inflatables In Its Broward HQ Facility Into Foreseeable Future
VS Real Estate (VSRE), one of South Florida’s leading full-service commercial real estate services firms, announced the execution of a 128,144-square-foot, full building, long-term industrial lease renewal.
AVI Aviation, holding company for Aviation Inflatables and Survival Products, will continue to occupy its Broward headquarters building, Building M in Sawgrass Technology Park, located at 1655 NW 136th Avenue in Sunrise, which it has occupied since 2016.
VSRE’s Carlos Velasquez, Managing Principal, represented the tenant, AVI Aviation in the lease transaction. The landlord, EQT Exeter, was represented by Sander Smith, EQT Exeter’s Investment Leasing Officer for the Southeast region.
“It has been a privilege working with AVI Aviation over the years,” said Velasquez, Managing Principal of VSRE. “I am delighted we were able to meet all of their needs and requirements in this lease renewal of their headquarters building at Sawgrass Technology Park. The location remains an ideal fit for their operations and clientele, given its proximity to the Fort Lauderdale International Airport.”
Aviation Inflatables, the largest independent evacuation slide, raft, and life vest MRO facility in the Americas serving the aerospace industry, and its sister company Survival Products, the leading manufacturer of life rafts and related products for general and corporate aviation as well as the marine industry, will continue to operate out of Building M. The companies currently support a wide range of airline, MRO and supply chain customers, including Delta Airlines, Embraer, FedEx, GA Telesis, Rossiya and Satair.
Constructed in 1984, Building M at Sawgrass Technology Park boasts 128,144 square feet of space, , with key features such as 28-foot clear ceiling heights, a 2.5/1000 parking space ratio, and temperature controlled space. Situated conveniently within West Broward, off Sunrise Boulevard and Sawgrass Expressway, Building M offers unparalleled access to I-75, I-595, Florida Turnpike, and South Florida’s busiest air and seaports.
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