FORT LAUDERDALE, FL—It's one of the largest industrial lease renewals in Broward County in recent months. KeHE Distributors just inked a 201,849-square-foot renewal at Meridian Business Campus.

Wayne Schuchts, principal with Avison Young, represented KeHE in the lease. The deal means the tenant will continue to occupy 100% of the two-story industrial building within the campus, which is located at 3225 Meridian Parkway in the Fort Lauderdale suburb of Weston, FL.

“Despite the recent strengthening of the industrial market in Broward, we were able to successfully negotiate a favorable lease for our client and in a location that continued to meet their space requirements, convenience in location, and economic value,” says Schuchts. Broward County's industrial market reached the lowest vacancy rate since 2008 in fourth quarter of 2014, averaging 6.5%, according to Avison's research.