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Unisys Item Processing Services Leases 30,000 SF

MIAMI-The industrial space is located in a 45,510-sf building in the Airport West submarket here. Rental rates in the building range from $12 to $15 per sf, making the seven-year deal worth an estimated $2.52 million-plus.

By Melissa Bogdany | Updated on June 05, 2003

MIAMI-Unisys Item Processing Services LLC has signed a lease for 30,000 sf of warehouse/office space in a free-standing building in the Airport West submarket here. The company inked a deal for a term of seven years. It is estimated to be valued at at least $2.52 million, based on the building rental range of between $12 and $15 per sf.

The property, owned by the Adler Group, is located at 8000 NW 25th St. The 45,510-sf building where Unisys is leasing space is approximately 65% occupied. The building consists of high-end class B suburban industrial and office space.

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