The site is at 11825 NW 100 Road. Pedro Garcia and Stuart Gordon of Codina Realty Services Inc. ONCOR International represented the facility's owner, Flagler Development Co., in the transaction. Robert Meneses with Digiacomo Group represented Cruise Logistics.
Specific lease terms were not disclosed, but based on the average asking rental rate in Beacon Station--which ranges from $5.40 to $6.35 per sf gross--the lease has an estimated value of $1.5 million.
Also, Perry Manufacturing leased an additional 23,676 sf of office/warehouse space at 10255 NW 116th Way, Unit 10, at Beacon Station. Perry Manufacturing is a manufacturer of ladies' apparel. The company's lease is estimated to be valued at approximately $600,000. Garcia and Gordon represented Flagler Development as the only brokers involved in this transaction.
Continue Reading for Free
Register and gain access to:
- 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
© 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.
