Posts by Newmark

Newmark Reps Panattoni In 48,000 SF Lease Deal

Newmark announced a new 47,545-square-foot lease for Coulisse Distribution at Eastview Commerce Center (ECC) in Miami. Newmark’s Executive Managing Directors Steve Medwin and Nick Wigoda and Associate John Mejia represented the landlord, Panattoni Development, and Les Byron at SVN represented the tenant. “This relocation for Coulisse Distribution will allow them to expand their space and…

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Newmark Reps Freight Logistics In 152,000-SF Industrial Lease Deal

Newmark announced that global logistics provider Rhenus Group has completed its move to a new warehouse totaling 152,000 square feet at the South Florida Logistics Center in Miami. Freight Logistics, a wholly-owned subsidiary of Rhenus Group, is now running its operations at the Class A facility. The long-term lease transaction, valued in excess of $20…

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Newmark Completes 39,043 SF Industrial Lease for BSI in South Florida

Newmark has announced a 39,043-square-foot headquarter industrial lease at Hillsboro Technology Center in Deerfield Beach, Florida for Best Security Industries (BSI), a privately held retail security company that provides both new and certified pre-owned Electronic Article Surveillance (EAS) technologies for businesses. Located at 550 Hillsboro Technology Drive, the Class A industrial facility will serve as…

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Dairy plant near Opa-locka will be redeveloped after $24M acquisition

A shuttered McArthur Dairy plant near Opa-locka was sold for $24 million and will be redeveloped into an industrial project, according to Newmark. ZSF/WD Opa Locka LLC, a subsidiary of Zurich Insurance Group, sold the 20.3-acre site at 3000 N.W. 123rd St. to Nashville, Tennessee-based Panattoni Development Co. Newmark’s Nick Wigoda and Steve Medwin represented the buyer, while CBRE represented the seller. According…

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Newmark Brokers Lease for 157,400-SF Industrial Building

Newmark has brokered the lease for an entire 157,400-square-foot industrial building at Eastview Commerce Center, a new 800,000-square-foot industrial park in Miami, being developed by Panattoni Development Company. Mr. Greens Produce, the largest privately-owned produce distributor in Florida, will fully occupy Building 1 within the Class A industrial park. The company will triple the size of its…

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Newmark Brokers Two Industrial Leases Totaling 170,000 SF in Medley, Florida

Newmark announced today the completion of two industrial leases totaling 170,000 square feet and valued in excess of $16 million. Both leases were executed at Medley Logistics Park, a three-building industrial development in Medley, Florida. The buildings are located at 12600 NW 115th Avenue and 12630 NW 115th Avenue. A national warehousing and distribution company renewed its 134,000-square-foot lease at the park, while…

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Newmark Completes Sale of 69,834-Square-Foot Industrial Warehouse in Medley, Florida for $9.75 Million

Newmark announced today it completed the sale of a 69,834-square-foot freestanding industrial warehouse in Medley, Florida for $9.75 million. BRW Floors, Inc., a high-end hardwood flooring distribution business, sold the building to Black Creek Group, a Denver based real estate investment manager and development firm. The sale comes as investors continue to compete for a…

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Aerospace firm expands its South Florida headquarters, creates 100 jobs

AAR Landing Gear has expanded its Medley headquarters and will add 100 more employees, according to Newmark. The company, a subsidiary of Wood Dale, Illinois-based AAR Corp. (NYSE: AIR), extended its lease at Medley Commerce Center by 10 years and expanded by 17,000 square feet to now total 177,000 square feet. It has about 500…

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