CORAL SPRINGS, FL-Shoreline Aerospace, a distributor of aero systems for defense and commercial properties, has inked a 73,000-square-foot lease at ProLogis Park Sawgrass Building One. That makes the newly built, LEED Silver certified building 100% occupied.

Located near the Florida Turnpike, I-95 and I-75, ProLogis Park is visible from the Sawgrass Expressway and offers strategic distribution points. Shoreline is coming to ProLogis Park from a location at 6101 NW 31st Street in Pompano Beach. ProLogis declined to disclose the specific terms of the deal, noting only that is a mid-term lease.

“Our industry—industrial real estate—generally lags about six to nine months behind the overall economy,” Scott Alexander, first vice president and market officer for ProLogis in South Florida, tells GlobeSt.com. “As a result of slower economic growth, we are seeing a more moderate pace of recovery in the industrial real estate market. Even still, we continue to see signs of stabilization and improvement in the industrial real estate market and are encouraged by the recent activity in South Florida.”

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