All American, a distributor of glass, plastic and metal containers, will move its 102-employee operation to the new location from elsewhere in Miami. Beacon Station at Gran Park will ultimately total more than nine million sf of office, warehouse, distribution and showroom space on 900 acres.
Miami-Dade's Airport North/Medley submarket has been robust this year, according to Cushman & Wakefield. Rents for office-service/flex space are averaging $12.25 per sf. Earlier in the year, GTS Terminal leased 85,300 sf at Beacon Station and Tire Distributors signed for 52,600 sf.
Want to continue reading?
Become a Free ALM Digital Reader.
Once you are an ALM Digital Member, you’ll receive:
- Breaking commercial real estate news and analysis, on-site and via our newsletters and custom alerts
- Educational webcasts, white papers, and ebooks from industry thought leaders
- Critical coverage of the property casualty insurance and financial advisory markets on our other ALM sites, PropertyCasualty360 and ThinkAdvisor
Already have an account? Sign In Now
*May exclude premium content© 2024 ALM Global, LLC, All Rights Reserved. Request academic re-use from www.copyright.com. All other uses, submit a request to [email protected]. For more information visit Asset & Logo Licensing.
