State Street Realty Closes More Than 450,000 SF Of Office, Industrial Transactions

Aug 19, 2019 No Comments by

State Street Realty, a Miami-based brokerage and advisory firm, has recently completed more than 450,000 square feet of office and industrial transactions throughout the South Florida area and other cities throughout the United States.

State Street Realty President George Pino, SIOR, Executive Vice President Ed Lyden, Vice President Frank Trelles, SIOR and Associate Brian Cabielles, all working on behalf of landlord’s, tenant’s, investor’s, developer’s and other clients, recently completed over 450,000 square feet of sale and lease transactions valued at over $26 million.

 

According to Pino, “The Miami industrial real estate market is one of the healthiest and most dynamic in all of the United States.  The industrial sector continues to dominate demand along with leasing, sales and construction activity in South Florida.”

“Also, e-commerce has soared in popularity and U.S. warehouses have evolved to meet the needs of online retailers, transforming from basic storage facilities into automated, material-handling nerve centers.  In the past, the consumers were satisfied with their online orders being delivered to them in 3-5 days but now the consumer is demanding their order within 24 hours. We are in the early innings and as online orders continue to increase so will the demand for industrial warehouse space.”

Deals that State Street Realty recently closed include:

• Carisam-Samuel Meisel (FL) Inc., the Tenant, leased 25,600 square feet of industrial warehouse space at Prologis Beacon Industrial Park #6 at 11014 NW 33 Street, Doral.  State Street Realty’s George Pino, SIOR and Brian Cabielles represented the Landlord and State Street Realty’s Frank Trelles represented the Tenant.

• Boreal International Corporation, the Tenant, leased 25,190 square feet of industrial warehouse space at Prologis International Corporate Park Building #15 at 10300 NW 19 Street, Doral.  State Street Realty’s Ed Lyden, George Pino, SIOR and Brian Cabielles represented the Landlord and Transwestern represented the Tenant.

• Exicon Export, Inc., the Tenant, leased 17,401 square feet of industrial warehouse space at Prologis Beacon Centre at 2019 NW 84 Avenue, Miami.  State Street Realty’s George Pino, SIOR and Brian Cabielles represented the Landlord.

• Tito Global Trade Services USA LLC, the Tenant, leased 12,400 square feet of industrial warehouse space at Prologis Blue Lagoon #1 at 6701 NW 7 Street, Miami.  State Street Realty’s George Pino, SIOR and Brian Cabielles represented the Landlord and Digiacomo Group represented the Tenant.

• Infinite Windows, LLC, the Tenant, leased 7,940 square feet of industrial warehouse space at Prologis Beacon Centre #8 at 8400 NW 17 Street, Doral.  State Street Realty’s George Pino, SIOR and  Brian Cabielles represented the Landlord.

• Airways Aerospace, the Tenant, leased 7,502 square feet of industrial warehouse space at 2201 NW 93 Avenue, Doral.  State Street Realty’s Frank Trelles, George Pino, SIOR and Brian Cabielles represented the Landlord.

• Ademco, Inc., the Tenant, leased 5,898 square feet of office space at Westside Corporate Plaza located at 8400 NW 27 Street, Doral.  State Street Realty’s George Pino, SIOR and Ed Lyden represented the Landlord and CBRE represented the Tenant.

• Breadfruit Tree, Inc., the Tenant, leased 4,800 square feet of industrial warehouse space at 7836 NW 46 Street, Miami.  State Street Realty’s Frank Trelles, SIOR and Brian Cabielles represented the Landlord.

• KW Property Management LLC, the Tenant, leased 2,537 square feet of office space at Westside Corporate Plaza located at 8200 NW 33 Street, Doral.  State Street Realty’s George Pino, SIOR, and Ed Lyden, represented the Landlord.

• Floreco Inc., the Tenant, leased 2,400 square feet of industrial warehouse space at Lakefront Business Center located at 7855 NW 29 Street, Miami.  State Street Realty’s George Pino, SIOR, Ed Lyden and Brian Cabielles represented the Landlord.

 

 

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Industrial / Flex, Industry News, Miami-Dade County Industrial / Flex, Miami-Dade County Office, Office
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