CBRE’s Tom O’Loughlin, Larry Genet Welcome 232,000-SF New-To-Market Tenant To Meridian At Weston Distribution Center

Sep 04, 2018 No Comments by

CBRE Senior Vice President Tom O’Loughlin and First Vice President Larry Genet negotiated a lease on behalf of landlord Clarion Partners to a new-to-market tenant at Meridian At Weston, a cross dock, Class A

distribution center located at 3245 Meridian Parkway in Weston.

Newport Beach, California-based USL Cargo Services, represented by Luis Marquez, SIOR, Director with Casal Group, will occupy the entire 232,000-square-foot building.

USL Cargo Services was formed in January 2015 as a world class provider of integrated global logistics solutions. It is a strategic partnership between USL Logistics LLC and Cargo Services Far East Limited, headquartered in Hong Kong.

 

“Our team secured this long-term credit tenant for the full 232,000 SF in a challenging Weston Industrial submarket competing with several large vacancies,” commented O’Loughlin.  “Clarion Partners entrepreneurial edge proved invaluable in getting this transaction done.”

Meridian at Weston is situated on ±11.17 acres of land conveniently located less than one mile from I-75 between Griffin Road and Royal Palm Boulevard exits in Weston Meridian Business Campus, with excellent access to I-595 and the Florida Turnpike.

The property features tilt-wall construction, steel rebar roof support systems with single-ply membrane roof and Class IV fire suppression system. Electric service consists of ±2,200 Amps/ 480 Volt and is 3 phase. The building has guard gate access to the loading area and abundant trailer parking, according to a property flyer.

Owner Clarion Partners Industrial Group manages a portfolio with over 600 properties, consisting of almost 120 million square feet and currently valued at more than $10 billion, located in approximately 43 markets across the United States, Mexico and Brazil.

Miami-based Casal Group is a full-service commercial brokerage serving the South Florida industrial and office markets.

 

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