Clarion Partners has leased its 230,600-square-foot, Class A distribution building in Weston to Gold Coast Freightways, according to CBRE, which arranged the lease.
Miami-based Gold Coast Freightways initially occupied half of the building at 3245 Meridian Parkway, and will now take over the entire space, CBRE said in a release.
CBRE First Vice President Tom O’Loughlin and Senior Associate Larry Genet handled the lease for Clarion Partners. Luis Marquez of the Casal Group represented Gold Coast Freightways.
Clarion Partners, a real estate investment manager based in New York, has $33 billion in assets under management. The firm’s industrial portfolio includes more than 105 million square feet in 46 markets across the U.S., Mexico and Brazil.
According to Broward County property records, the firm purchased the Weston site for $12.5 million in 2004. — Ina Cordle