Search
 

Beacon Station Inks New Industrial Leases Totaling 68,906 SF

MIAMI-Several of the leases are new deals for the business park. The new leases have an estimated combined value of $2.3 million and the largest lease was by Suncoast Post Tension, which is taking 38,648 sf in a long-term deal.

By Melissa Bogdany | Updated on September 02, 2003

MIAMI-Four companies have just signed leases totaling 68,906 sf of industrial space at Beacon Station near the city. Three of the four are new deals. The four leases have an estimated combined value of approximately $2.3 million.

Pedro J. Garcia and Stuart Gordon of Codina Realty Services Inc. ONCOR International represented Flagler Development Co., which owns Beacon Station, in the transactions.Suncoast Post Tension signed a new lease for 38,648 sf of industrial space at 10255 N.W. 115th Way. This long-term deal is estimated to be worth approximately $1.57 million. Tom Kimen of Easton and Associates Inc. represented Suncoast Post Tension in the transaction. In addition, the Postcard Factory Inc. leased 5,938 sf of industrial space at 10125 N.W. 116th Way. This mid-term deal also was a new lease and has an estimated value of about $149,600. Clayton Clavette of Clavette Real Estate Group represented The Postcard Factory.

Key West Aloe signed a lease for 13,120 sf of industrial space at 9955 N.W. 116th Way. This mid-term lease was a new deal estimated to be worth approximately $314,800. Michael Sigerman of Lucky Commercial Realty Co. represented Key West Aloe. And in the fourth deal, Rodi Cargo leased 11,200 sf of industrial space at 11701 N.W. 102nd Rd. This mid-term renewal deal is estimated to be worth about $273,000. There was no co-broker in this deal.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?

NOT FOR REPRINT

© 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.

GlobeSt

Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2024 ALM Global, LLC. All Rights Reserved.