Butters, State Street Close 3rd Deal At Miami Midway Park, Welcome 27,000 SF Tenant
The deal brings the park to 52% pre-leased.
The deal brings the park to 52% pre-leased.
The 15,090-square-foot building includes 3,000 square feet of executive office space with 22’ high ceilings. The property also has four (4) dock-height doors with a covered loading platform.
Miguel Alcivar, Wayne Ramoski, Dominic Montazemi, Scott O’Donnell, Mike Ciadella, and Greg Miller of Cushman & Wakefield arranged the sale on behalf of the seller.
In addition to the TOBY award, Bridge’s Johalys Castillo was named “Property Manager of the Year” in Miami Dade County.
Located at the corner of SW 336th Street and SW 142nd Avenue, the project, known as Racetrack Toy Collection, comprises two single-story buildings totaling 69,681 square feet.
Colliers Vice Chairman Jonathan Kingsley represented the tenant, Seaboard Marine, in the transaction. JLL Executive Managing Director Brian Smith represented the landlord, Prologis, in the lease renewal.
Jake Zebede and Kevin Gonzalez of Trustone Advisors, played a pivotal role in the deal.
Will Falero, President with Pro Industrial LLC, represented both the buyer and seller in the transaction, which closed January 10.
Over the past decade, he has built his career as a market-leading brokerage professional specializing in industrial landlord and tenant representation and has completed industrial sale and lease transactions valued at more than $2 billion.
David Wigoda, SIOR with CBRE Capital Markets represented the seller in the transaction.
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