MIAMI—In the largest industrial lease per square foot inked in Miami-Dade since 2012, Seaboard Marine has inked a 267,400-square-foot lease renewal at Prologis Palmetto Tradeport in Medley, FL. The lease renewal includes a 64,000-square-foot expansion.
Seaboard Marine is PortMiami's largest and most active cargo operator and freight transportation company, serving over 40 ports in 25 countries from its facilities at 8001 NW 79th Avenue in Medley and at PortMiami. The record-setting transaction is in place for 10 years.
Jones Lang LaSalle senior vice president Jonathan Kingsley represented Seaboard Marine. Brian Smith, executive director of Cushman & Wakefield, represented Prologis, which owns and manages more than 11 million square feet of industrial space in South Florida.
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