MIAMI-Inking a lease for 10 years, 3 PL of the Americas is set to move in to 138,996 sf of industrial space at the 2.3 million-sf, class A Beacon Centre. Hospitality Services leased 17,600 sf of industrial space at Beacon Industrial Park. Both tenants relocated from the Doral area.

SUNNY ISLES BEACH, FL-Michael Lustigman, whose father is also involved in development in South Florida, has been named vice president of operations for Sayan, a $49 million, 30-story luxury condominium project expected to break ground here in June in Sunny Isles Beach, FL.

MIAMI-The manufacturer of high-end cabinet displays for the retail industry is subleasing a 232,000-sf, free-standing building in Weston, FL from Circuit City Stores Inc. Quantum has assumed the remaining 14.5-year lease term.

MIAMI-The buyer paid $9.65 million cash to J.P. Morgan Asset Management for the two-building, 89% leased Port 95 Industrial Center located on 8.767 acres in Hollywood, FL. The center has an approximately 16.6% office build-out.

MIAMI-The company sold 7.65 acres of industrial land in the Sawgrass Corporate Park in Sunrise, FL to Sandor Genet and/or Assigns, which may do a build-to-suit project or collection of full bay warehouses for sale or rent.

MIAMI-The company will remain in its 22,346-sf office/warehouse lease in Sunrise, FL, where it has been for five years, until April when its new, 50,000-sf building in Broward Lakes is set to be completed.

MIAMI-The Boca Raton, FL-based real estate investment company paid $15.5 million to Plaza Del Mar LP for the 102,000-sf shopping center in Manalapan, FL. Woolbright plans to increase the 20-year-old center's occupancy from 74% to 100% within a year.

MIAMI-Tarragon Realty Investors and Richard D. Zipes changed their plans and want to build a $45 million, 25-story condo, restaurant and retail tower adjacent to three connected condo towers already under construction. The Fort Lauderdale project is called Las Olas River House.