Foundry Commercial To Establish South Florida Brokerage, Hires Former CBRE Director To Lead
The company plans to hire brokers for all commercial real estate sectors.
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The company plans to hire brokers for all commercial real estate sectors.
ODP Corp.’s amended lease ensures that the company’s global headquarters will remain in Boca Raton at 6600 North Military Trail until at least 2033.
At 1.1-million square feet, Building 1 at the complex is the largest speculative building in Southeast Florida.
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.
Easton senior associate Jake Weiss represented the law firm in the transaction.
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.
Stream Executive Managing Director Greg Katz and Senior Vice President Carlyle Coffin facilitated the transaction on behalf of the tenant. Tim Talbot and Andy Ackerman of Comreal represented the building owner, DWS.
Kirk Nelson, Robert Smith, and Jeff Kelly with CBRE Industrial & Logistics represented the developer, Dalfen Industrial, in lease negotiations.
The new lease brings the 500,000-square-foot retail component of the Brickell City Centre to fully leased, the first time since its opening in 2016.
Alex Sacks, Andrew Margulies, Frank Roti, Brett Rodgers and Harrison Creason, investment advisors at Marcus & Millichap, had the exclusive listing to market the property on behalf of the seller, a private limited liability company. Ryan Nee, Broker of Record in Florida, assisted in closing the transaction.
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